This four-day summer school introduces Post Keynesian Economics as an alternative to mainstream neoclassical economic theory and neoliberal economic policy. Key assumptions in Post Keynesian Economics are that individuals face fundamental uncertainty about the future; there is a central role for ‘animal spirits’ in the determination of investment decisions; inflation is the result of unresolved distributional conflicts; money is an endogenous creation of the private banking system; unemployment is determined by effective demand on the goods markets; financial markets are prone to periodic boom-bust cycles.
The post-Keynesian theory is part of a broader Political Economy approach which highlights the social conflict and power relations between classes such as labour, capital and finance and social groups stratified along the lines of gender and ethnicity. Economic analysis should thus be rooted in a historic and institutional setting.
The summer school is aimed at students of economics and social sciences. As the aim of Post Keynesian Economics and Political Economy ultimately is to provide the foundation for progressive economic policies, it may be of interest for a broader audience.
- This event is co-organised by the Post-Keynesian Economics Society (PKES), the Institute of Political Economy, Governance, Finance and Accountability(PEGFA) and Rethinking Economics Greenwich. Vital support has been received from the Cambridge Political Economy Society Trust.
- The organising committee consists of Christina Wolf, Kingston University; Engelbert Stockhammer, King’s College London; Rafael Wildauer, Alexander Guschanski, Thomas Rabensteiner and Ben Tippet, all University of Greenwich and Jo Michell, the University of the West of England.
This opportunity requires previous knowledge in Basics Economics.Eligible Regions: Open for all
Due to the Coronavirus pandemic, the summer school is taking place online this year. It is free of charge, but registration is necessary to receive the reading package and the online invitation. To register please follow the Apply Now link.
Please note that the official organizers have not specified the deadline for this opportunity. Thus, we recommend our users to apply as soon as possible. If you are unsure, please communicate with the official organizers before applying.
Apply nowOfficial link