Critical Assessments of The General Theory
Edited by L. Randall Wray and Matthew Forstater
L. Randall Wray and Mathew Forstater This volume contains a selection of the papers that were presented at the 9th International Post Keynesian Conference, organized by Jan Kregel, Mathew Forstater, and L. Randall Wray and held at the University of Missouri–Kansas City (UMKC) in September 2006. The conference was jointly sponsored by the Journal of Post Keynesian Economics, UMKC’s Center for Full Employment and Price Stability (CFEPS), and the Economics Department of UMKC. The conference is normally part of a workshop that takes place every other year, carrying on the long tradition that was begun in the 1980s by Jan Kregel, Piero Garengnani, and Sergio Paranello. The workshops were originally held in Trieste, Italy, and were continued by Paul Davidson at the University of Tennessee–Knoxville before ﬁnally settling in Kansas City. Traditionally, the workshop includes both a conference and a summer school, combined over a 10–14-day period. However, because the 2006 conference would be celebrating several signiﬁcant anniversaries, it was scheduled for September, and the summer school was held separately in June. The summer school was a smashing success, with over 70 graduate students and faculty from around the world discussing not only a wide range of topics in Post Keynesian economics but also institutionalist, Marxian, and feminist economics. In addition, anthropology, sociology, and Black studies were included in the curriculum, reﬂecting the interdisciplinary nature of UMKC’s PhD program. Many of the students and faculty would return to Kansas City for the conference in September....