James Crotty (economist)

James Crotty is a Post-Keynesian macroeconomist whose research in theory and policy attempts to integrate the complementary analytical strengths of the Marxian and Keynesian traditions. He has made contributions to the social structure of accumulation (SSA) theory; the implications of radical uncertainty for macro theory and theories of financial markets.

His heterodox analysis of and approach to current economic issues at the global and U.S. scale have provided a dissent voice in a world heavily dominated by neo-classical and neo-liberal economics. His writings have appeared in social science journals such as "Monthly Review", the "American Economic Review", the "Review of Radical Political Economy", the "Cambridge Journal of Economics", the "Quarterly Journal of Economics", the "Journal of Economic Literature", the "Journal of Post Keynesian Economics", the "Journal of Economic Issues", and in many edited collections.

James Crotty received his Ph.D. from Carnegie Mellon University in 1973, and after teaching at the University at Buffalo, The State University of New York for a while joined the Economics Department of the University of Massachusetts Amherst, Amherst. Recently, Crotty has focused on the political economy of Korea and continues his research on the structure and performance of the global neoliberal economy, the impact of neoliberal globalization on developed and developing economies.

He now teaches at UMass Amherst.

Recent work

2005

* [http://www.people.umass.edu/crotty/Crotty_and_Lee_August_2005.pdf Was Korea's Economy Structurally Dysfunctional in the mid-1990s?: A Critique of the IMF's Justification for Regime Change in Korea (with Kang-Kook Lee) ]
* [http://www.people.umass.edu/crotty/Crotty_and_Lee_September_2005.pdf From East Asian "Miracle" to Neoliberal "Mediocrity": The Effects of Liberalization and Financial Opening on the Post-Crisis Korean Economy (with Kang-Kook Lee)]

2004

* [http://www.people.umass.edu/crotty/WP77.pdf Was the IMF's Imposition of Economic Regime Change in Korea Justified?:A Critique of the IMF's Economic and Political Role in Korea During and After the Crisis (with Kang-Kook Lee)]

2002

* [http://www.people.umass.edu/crotty/WP44.pdf The Effects of Increased Product Market Competition and Changes in Financial Markets on the Performance of Nonfinancial Corporations in the Neoliberal Era ]
* [http://www.people.umass.edu/crotty/Challenge-drft-Jn18-02.pdf Why Do Global Markets Suffer From Chronic Excess Capacity?: Insights From Keynes, Schumpeter and Marx ]
* [http://www.people.umass.edu/crotty/CJE-Crotty-Lee-Feb28.pdf A Political-Economic Analysis of the Failure of Neoliberal Restructuring in Post-Crisis Korea (with Kang-Kook Lee) ]

2001

* [http://www.people.umass.edu/crotty/PS9.pdf Korea's Neoliberal Restructuring: Miracle or Disaster? (with Kang-Kook Lee)]
* [http://www.people.umass.edu/crotty/WP23.pdf Economic Performance in Post-Crisis Korea: A Critical Perspective on Neoliberal Restructuring (with Kang-Kook Lee) ]
* [http://www.people.umass.edu/crotty/india-rev-May25.pdf Structural Contradictions of Current Capitalism: A Keynes-Marx-Schumpeter Analysis ]

2000

* [http://www.people.umass.edu/crotty/assa-final-jan00.pdf Structural Contradictions of the Global Neoliberal Regime ]
* [http://www.people.umass.edu/crotty/madrick-ford.pdf The Case for Capital Controls ]
* [http://www.people.umass.edu/crotty/dymski-isn-ford.pdf Trading State-Led Prosperity for Market-Led Stagnation: From the Golden Age to Global Neoliberalism]

External links

* [http://www.people.umass.edu/crotty/index.htm Professor Crotty's web page]