SELECTED RESEARCH INTERESTS

• Argentina's Economy
• Policy under different exchange rate regimes
• Employment, anti-poverty programs, public policy
• Money: History of Thought, Methodology, Theory, and Policy
• William S. Vickrey's macroeconomic vision
• International economics; Financial instability
• Financial Macroeconomics
• Political Economy

Refereed Journal Articles and Encyclopedia Entries 

• “Universal Assurances in the Public Interest: Evaluating the Economic Viability of Basic Income and Job Guarantees”, International Journal of Environment, Workplace, and Employment, 2006, Vol. 2, No. 1, pp.69–88.
• “Common Goals – Different Solutions: Can Basic Income and Job Guarantees Deliver Their Own Promises?” (with L.R. Wray), Rutgers Journal of Law and Urban Policy, 2005, Vol. 2, No. 1, pp.125-166
• "Depressions” (with M. Forstater), encyclopedia entry in Cynthia Northrup, ed., History of U.S
• Economic Policy 1600s-2000: An Encyclopedia, ABC-Clio, 2003.

• “Monopoly Money: The State as a Price Setter” Oeconomicus, 2002 (Winter), Vol. 5, pp.124-143.

• “Money: A Comparison of the Post Keynesian and Orthodox Approaches,” Oeconomicus, 2001 (Winter) Vol. 4, pp.109-114.

Book

Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey, (with M. Forstater, eds.) Northampton, MA: Edward Elgar, 2004.

Chapters in Edited Books

• “Evaluating the economic and environmental viability of basic income and job guarantees” in P. Lawn (ed.) Environment and Employment: A Reconciliation, London: Routledge, forthcoming.

• “Credit, State and Endogenous Money” (with L.R. Wray), in L.P. Rochon and J.F. Poinsot (eds.) The Nature of Money, forthcoming.

• “Chartalism and the Tax-Driven Approach to Money,” in P. Arestis and M. Sawyer (eds.) Handbook of Alternative Monetary Economics, Northampton, MA: Edward Elgar, 2006.

Working Papers, Policy Notes, and Special Reports  

• “Keynes’s Approach to Full Employment: Aggregate or Targeted Demand?,” Working Paper 542, Levy Economics Institute, Annandale-on-Hudson, August 2008.

• “The Return of Fiscal Policy: Can the New Developments in the New Economic Consensus Be Reconciled with the Post-Keynesian View?,” Working Paper 539, Levy Economics Institute, Annandale-on-Hudson, July 2008.

• “Public Employment and Women: The Impact of Argentina’s Jefes Program on Female Heads of Poor Households” (with L.R. Wray), Levy Institute Working Paper 519, September 2007.
• ‘What are the Relative Macroeconomic Merits and Environmental Impacts of Direct Job Creation and Basic Income Guarantees?,’ Levy Institute Working Paper 517, September 2007.
• “Gender and the Job Guarantee: The Impact of Argentina’s Jefes Program on Female Heads of Poor Households” (with L.R. Wray), Working Paper 50, Center for Full Employment and Price Stability, Kansas City, MO, January 2006.
• “The Economic Viability of Universal Guarantees in Sovereign Currency Nations”, Working Paper 49, Center for Full Employment and Price Stability, Kansas City, MO, November 2005.
• “The Nature, Origins, and Role of Money: Broad and Specific Propositions and Their Implications for Policy”, Working Paper 46, Center for Full Employment and Price Stability, Kansas City, MO, July 2005.
• “The Art of Job Creation: Promises and Problems of the Argentinean Experience,” Special Report 05/03, Center for Full Employment and Price Stability, Kansas City, MO, September 2005.
• “Is Argentina's Job Creation Project Jefes de Hogar an True Employer of Last Resort Program?: An Assessment of Argentina’s Ability to Deliver the Promise of Full Employment and Price Stability” (with L.R. Wray), Working Paper 43, Center for Full Employment and Price Stability, Kansas City, MO, August 2005.
• “Missouri’s Cost of Unemployment,” Special Report 05/02, Center for Full Employment and Price Stability, Kansas City, MO, May 2005.
• “Can Basic Income and Job Guarantees Deliver on Their Promises” (with L.R. Wray), Working Paper 42, Center for Full Employment and Price Stability, Kansas City, MO, May 2005.
• “Employer of Last Resort: A Case Study of Argentina's Jefes Program” (with L.R. Wray), Working Paper 41, Center for Full Employment and Price Stability, Kansas City, MO, April 2005.
• “Job or Income Guarantees?,” Working Paper 29, Center for Full Employment and Price Stability, Kansas City, MO, August 2003.
• “Tax Cut Facts” (with L.R. Wray), Policy Note 2001/01, Center for Full Employment and Price Stability, Kansas City, MO, January 2001.
• “Palestinian Development Plan” (with W. Mosler), Policy Note 2000/04, Center for Full Employment and Price Stability, Kansas City, MO, June 2000.
• “Mathematical Model for Full Employment and Price Stability,” EPIC Discussion Paper 8, Coalition of Economic Policy Institutions, June 1996. 
• “Critical Review of Soft Currency Economics,” EPIC Discussion Paper 7, Coalition of Economic Policy Institutions, June 1996.
• “Overview of the Telecommunications Industry” (with B. Dogruer), Gettysburg College Industry Study, Gettysburg, PA, reprinted in Telecom Global: www.telcomglobal.com/history.html, 1996.

WORK IN PROGRESS

• “One Step Forward, Two Steps Back: Why Dismantling the Jobs Program in Argentina Retards Women’s Progress?”

• "Macroeconomic Stabilization Policy in Argentina: A study of the 2002 currency collapse and crisis resolution through direct job creation"

• “The Modern Face of Penal Keynesianism: Urban Job Flight and the Explosion in Incarceration Rates of African American Males”

• “The Role of Modern Money and Taxation in the Emergence of Cash Crops and Wage Labor in African Colonies”

• “A Study of Unemployment in Argentina According to Ethnicity, Race, Class and Gender”

• “Four Views of the Origins of Unemployment and Four Proposed Solutions”

• “Bulgaria in Transition and the Problem of Unemployment: Current Policies and Proposed Remedies”

• “The Nature of Depressions: an Institutionalist Perspective” also see Encyclopedia Entry version (here)

• “Monetary Policy and the Relationship between Open Market Operations and the Overnight Interest Rate: an Econometric Study”

• “Keynes and Keynesian Interpretations: the Theory of Aggregate Output and Employment”

• “Endowing Sticky Wages with a Principal Role: a Misguided Interpretation of The General Theory”

• “What Does the Yield Curve Foretell about the Future of the US Economy?”

• “Fisher and Keynes: Time Preference, Liquidity Preference and Their Implications for Monetary Policy”

• “The ‘Double Movement’ at the Center of 19^th Century Economic History in England: Lessons from Karl Polanyi for Today”

• “Is There Paradigmatic Unity in Economics? Analytical Historical Tract of the Genealogy of Economics”

• “The ‘Machine Question’ in the History of Economic Thought: a Foundational Element for Understanding Social Transformation”

• “Another Look at the Rise of Economics as a Science: The Place and Role of Political Economy”

• “General Equilibrium and its Role in the Evolution of Economics as a Science: a Contribution in the Spirit of Joan Robinson”

• “Ideology, History and Equilibrium”

• “Modern Money: a Critical Realist Approach”

• “Agency and Structure Across Paradigms: Positivist, Hermeneutic and Critical Realist Contributions”

• “Businessmen vs. Technocrats: Veblen’s Concept of Class Struggle”

• “Dewey’s Human Nature and the Distinction between Deliberation and Calculation”

• “Modern Money and the Required Institutional Adjustments for Economic Stability”

• “Counter- and Pro-Cyclical Domestic Policy: Consequences of Different Exchange Rate Regimes”

• “Antitrust Policy Effectiveness: What Can US vs. Microsoft Learn from the Breakup of AT&T”

• “Pricing Public Utilities: Two Proposals”

• “The Forgotten Contributions of William S. Vickrey and Robert Eisner on ‘Paying’ for the Debt”

CO-AUTHORSHIP OF ANONYMOUS OFFICIAL PUBLICATIONS

C-FEPS Digest, Center for Full Employment and Price Stability, Kansas City, MO, January, 2001. Summer 2000, Vol. 1, No. 1, (with M. Forstater)

C-FEPS Digest, Center for Full Employment and Price Stability, Kansas City, MO, January, 2001. Fall 2001, Vol. 2, No. 1, (with M. Forstater and L.R. Wray)

The Levy Institute Forecast and Macroeconomic Profit Analysis, The Jerome Levy Economics Institute of Bard College, Vol. 49, No. 1 (July 1997) – Vol. 51, No. 5 (November 1999), (with D. Levy and Forecasting research staff)