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102: Matías Vernengo on John Maynard Keynes and the Evolution of Keynesian Economic Thinking

Matías Vernengo is Professor of Economics at Bucknell University, Pennsylvania, USA. matias-vernengo-economic-rockstar

Dr. Vernengo is co-author of ‘Conta de Juros Grande & Favela’ and has also edited four books including ‘Banking, Monetary Policy and the Political Economy of Financial Regulation – Essays in the Tradition of Jane D’Arista’.

He has published over fifty academic and popular articles, and contributes to the blogs Naked Keynesianism and Triple Crisis. He is also the co-editor of the Review of Keynesian Economics (ROKE).

Matías’ methodological view emphasizes the importance of the history of ideas for the development of economic theory, and is based on the surplus approach of the classical political economy authors and Marx and the heterodox followers of Keynes.

Dr. Vernengo has written on the effects of external liberalization in Latin America and alternatives to the Washington Consensus, on the international role of the dollar, on current monetary and fiscal policy, on macroeconomic policy during the 1930s and on the history of economic ideas.

Economics:

In this episode, Matías discusses and mentions: Keynesian economics, neo-Keynesianism, Animal Spirits, monetarists, uncertainty, rational expectations, wages, GDP< consumption, multiplier,

Economists:

In this episode, Matías discusses and mentions: John Maynard Keynes, Joan Robinson, Karl Marx, Ricardo, Frank Knight, Joseph Schumpeter, Milton Friedman, Robert Lucas, Alvin Hansen, Robert Solow, James Tobin, Paul Samuelson, George Akerlof, Robert Shiller, Larry Summers, Alan Blinder, Ben Bernanke, Christina Romer and Janet Yellen.

Professor Matías Vernengo’s Writing Tips:

Think of your audience and write for them.
Present at conferences and get great feedback. It also gets your work out there.
Plan carefully. Write your paper so that it is a good fit to each journal that you’re sending it to.