Home‎ > ‎

Working Papers

2020

What’s the Matter with South America?,” with Juan Vicente Sola, Project Syndicate, July 16, 2020; and Working Paper No. 117, Center on Capitalism and Society, Columbia University, August 5, 2020. 

 

Insuring the Survival of Post Pandemic Economies,” with Roman Frydman, Project Syndicate, March 23, 2020; and Working Paper No. 116, Center on Capitalism and Society, Columbia University, March, 23 2020.


Impacts on China of America’s Long Slowdown, a Loss of its ‘Spirit’ to Invest and the Huge Rise of Its Public Debt,” China Development Forum, March 21-23, 2020. (Event cancelled.)


2019

Free to Do What with Our Lives?,” Working Paper No. 115, Center on Capitalism and Society, Columbia University, December 4, 2019. 


Toward an Economics of the Slowdown in the West,” Working Paper 112,  Center on Capitalism and Society, Columbia University, February 2019.


The Need for a Global Patent Market,” with Eskil Ullberg, Working Paper 111, Center on Capitalism and Society, April 2019.


2018
"Three Speeches on Europe: Berlin, Barcelona, Rome," Working Paper No. 110 of the Center on Capitalism and Society, Columbia University, July 11, 2018.

The Role of Innovation and the Digital Economy: New Opportunities and Challenges for Chinese, US and European Economic Policies,” Working Paper 108, Center on Capitalism and Society, Columbia University, April 2018.


"A Vital People: a Necessity for a Good Economy," Working Paper 107, Center on Capitalism and Society, Columbia University, January 2018.


2017

"Nothing Natural About the Natural Rate of Unemployment," Working Paper 96, Center on Capitalism and Society, Columbia University, November, 2017.

 

This Thing Called the American Dream,” Working Paper 94, Center on Capitalism and Society, Columbia University, August 2017.


"Dangers in a Repeat of Historic Corporatism,” Working Paper No. 93 of the Center on Capitalism and Society,  Columbia University January 2017.


2016

"Europe's Loses of Innovation: The Individual as well as Societal Harms," Working Paper 89, Center on Capitalism and Society, Columbia University, May 2016. 


2015

Deleterious Effects of Sustained Deficit Spending,” Working Paper 88, Center on Capitalism and Society, October 2015.


What Ails Greece? The Two Perspectives in Macroeconomics,” Working Paper 87, Center on Capitalism and Society, Columbia University, September 2015.


2013

Career Choice and Economic Innovation: A Comparison between China, Germany and the USA,” with Raicho Bojilov, Working Paper no. 80, Center on Capitalism and Society, Columbia University, November 2013.


2012

"Job Satisfaction: the Effect of Capitalist and Corporatist Institutions," with Gylfi Zoega, Working Paper 78, Center on Capitalism and Society, Columbia University, December 2012.


Job Satisfaction: the Effects of Two Economic Cultures,” with Raicho Bojilov, Working Paper 77, Center on Capitalism and Society, Columbia University,  September 2012.

 

Entrepreneurship, Ambiguity, and the Shape of Innovation Contracts,” with Massimiliano Amarante and Mario Ghossoub, Working Paper 76, Center on Capitalism and Society, Columbia University, September 2012.

 

Contracting for Innovation under Ambiguity,” with Massimiliano Amarante and Mario Ghossoub, Working Paper 75, Center on Capitalism and Society, Columbia University, September 2012. 

 

Effects of Technological Improvement in the ICT-Producing Sector on Business Activity,” with Hian Teck Hoon, Working Paper 74, Center on Capitalism and Society, Columbia University,  January 2012.


2011

An Excess of State Borrowing and Bank Lending: A Symptom of Present-day Corporatist Economies,” with Amar Bhidé and John Kay, Working Paper 72, Center on Capitalism and Society, Columbia University,  August 2011.

 

A North African Quartet,” with Saifedean Ammous, Working Paper 71, Center on Capitalism and Society, Columbia University, July 2011.

 

Innovation and Employment,” with Hian Teck Hoon, Working Paper 69, Center on Capitalism and Society, Columbia University, April 2011.

 

The Entrepreneurial Economy I: Contracting under Knightian Uncertainty,” with Massimiliano Amarante and Mario Ghossoub, Working Paper 68, Center on Capitalism and Society, Columbia University,  April 2011.

 

Climate Change, the Knowledge Problem and the Good Life,” with Saifedean Ammous, Working Paper 65, Center on Capitalism and Society, Columbia University,  April 2011.

 

2010

"Macroeconomic Effects of Over-investment in Housing in an Aggregate Model of Economic Activity," with Hian Teck Hoon, Working Paper 63, Center on Capitalism and Society, Columbia University, July 2010.


"The Slump, the Recovery and the 'New Normal'," Working Paper 61, Center on Capitalism and Society, Columbia University, June 2010.


"Dynamism and Economic Performance: a Preliminary Report," with Raicho Bojilov, Working Paper 60, Center on Capitalism and Society, Columbia University, June 2010.


"The Challenge of Innovation in Turbulent Times: a Report Submitted to the Global Agenda Council," with Dominique Foray Working Paper 56, Center on Capitalism and Society, Columbia University, April 2010.


Seeds of Recovery after the Financial Crisis,” Working Paper 53, Center on Capitalism and Society, Columbia University, January 2010.


2009

"Innovation and Morality in Economics," Working Paper 41, Center on Capitalism and Society, Columbia University, August 2009.


"Comments on Reforming the Financial Sector," Working Paper 35, Center on Capitalism and Society, Columbia University, February 2009.


2008

"Three Forewards," Working Paper 26, Center on Capitalism and Society, Columbia University, June 2008.


"Dynamism and Inclusion: What? Why? How?," Working Paper 25, Center on Capitalism and Society, Columbia University, May 2008.


2007

"Capitalism and Keynes: From the Treatise on Probability to The General Theory," Working Paper 21, Center on Capitalism and Society, Columbia University, July 2007.


"Corporatism and Keynes: His Views on Growth," Working Paper 20, Center on Capitalism and Society, Columbia University, May 2007. 


2006

"Toward a Model of Innovation and Performance Along the Lines of Knight, Keynes, Hayek and M. Polyaní," Working Paper 19, Center on Capitalism and Society, Columbia University, November 2006.


"Economic Culture and Economic Performance: What Light is Shed on the Continent's Problems," Working Paper 17, Center on Capitalism and Society, Columbia University, July 2006.

 

2005

A Dynamic Theory of the China-U.S. Trade: Making Sense of the Imbalances,” with Amar Bhide, Working Paper 4, Center on Capitalism and Society, Columbia University, July 2005.


"'The Economic Prosperity of Nations: Prosperity Depends on Dynamism, Dynamism on Institutions," Working Paper 2, Center on Capitalism and Society, Columbia University, January 2005.

 

2001

“Effects of anticipated future fiscal expansion on unemployment, interest and growth,” with Hian Teck Hoon, Singapore Management University and Columbia University Working Paper, October 2001.

 

1996

“The Incidence of Increased Unemployment in the Group of Seven, 1970-1994,” with Gylfi Zoega, Rome, Confindustria, CSC Ricerche 115, September 1996.

 

1988

“An Extended Working Model of Slump and Recovery from Disturbances to Capital-Goods Prices in an Overlapping-Generation Closed Economy: ‘IS-LM’ Without Money,” for the 1988 Aalborg conference in honor of Sir John Hicks: IS-LM after Fifty Years. (Conference volume cancelled.)

 

1986

Legislating Economic Justice for the Working Poor,” ms., December 1986.

 

Economic Equilibrium and Other Economic Concepts: A ‘New Palgrave’ Quartet,” European University Institute Working Paper 86/222, June 1986.

 

1979

“Optimal Public Finance under International Capital Mobility,” Working Paper 38, Columbia University, Department of Economics, November 1979.

 

1975

“Notes on Index Theory and Indexation Policy,” mimeo., February 1975. 

 

“Remarks on Monetary Policy-Making under Rational Expectations,” mimeo., October, 1974.

Comments