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Louis-Philippe Rochon

Louis-Philippe Rochon

Full Professor, School of Social Sciences
School of Social Sciences
A-350, Arts Building

Biography

Louis-Philippe Rochon is Full Professor of Economics at Laurentian University, Canada, where he has been teaching since 2004. Before that, he taught at Kalamazoo College, in Michigan. He obtained his doctorate from the New School for Social Research, in 1998, earning him an award for outstanding dissertation. He is currently Editor-in-Chief of the Review of Political Economy, Associate Editor of the Journal of Business and Economic Studies, as well as Asociate Editor of the Journal of Banking, Finance and Sustainable Development.  He is Consulting Editor for Advances in Economics Education.He is the founder and past editor (now emeritus) of the Review of Keynesian Economics. He serves on the Editorial Board of 14 additional academic journals.

He is the author of over 180 articles in peer-reviewed journals and books, and has written or edited close to 50 books. He has been guest-editor for the Journal of Post Keynesian Economics, the International Journal of Pluralism and Economics Education, the European Journal of Economic and Social Systems and the International Journal of Political Economy. He has published on monetary theory and policy, post-Keynesian economics, and fiscal policy.

He has been a visiting scholar or professor in Australia, Brazil, France, Italy, Japan, Mexico, Poland, South Africa, and the United States, and has further lectured in Argentina, China, Colombia, Ecuador, Kyrgyzstan, and Peru, and Switzerland.  He has received grants from SSHRC, the Ford Foundation, the Mott Foundation, among other places. 

He is the Founding Editor of two book series: New Directions in Post-Keynesian Economics (Edward Elgar) and the Elgar Series on Central Banking and Monetary Policy, a series that currently has 8 books exploring and pushing the boundaries of oour underdstanding of monetary isuues.

He is the co-Director of the Monetary Policy Institute, which includes the widey-cited blog, the @monetaryblog.

REPEC IDEAS listed him in the top 11% of all Canadian academic economists.  He has or-gamized over 40 conferences, and is currently organizing a workd with the United Nations, for 2024.

*****

Follow me on Twitter @Lprochon, the @monetaryblog

Education

1993-1998: Doctorate from the New School for Social Research

1988-1990: Masters, Mc Gill University

Academic Appointments

 

 

On The Web

Personal homepage.    https://lprochon2003.wixsite.com/rochon

The Monetary Policy Institute.   https://macroeconomist.wixsite.com/monetarypolicyinst

Homepage for the @monetaryblog.    https://medium.com/@monetarypolicyinstitute

Youtube channel.    https://www.youtube.com/channel/UCay9bpu7xZB6aPzOhjccbSg

Homepage for the Review of Political Economy.    https://www.tandfonline.com/journals/crpe20

https://www.e-elgar.com/shop/usd/book-series/economics-and-finance/new-directions-in-post-keynesian-economics-series.html

https://www.e-elgar.com/shop/usd/book-series/economics-and-finance/the-elgar-series-on-central-banking-and-monetary-policy.html

Twitter.    @lprochon

ORCID: 0000-0002-8542-7497

Google Scholar.    https://scholar.google.com/citations?user=2ev7l_4AAAAJ&hl=en

Research

External Grants

Social Sciences and Humanities Research Council (SSHRC), Principal Investigator, “Monetary Policy and The Pasinetti Index”, 611-2023-0011, $24,932, 2023.

Fields Mathematical Institute, Principal Investigator, “Monetary Policy and the Pasinetti Index”, $3,000, 2022 (in-kind).

Fields Mathematical Institute, Principal Investigator, “Monetary Policy and Income Distribution”, $5,000, 2022 (cash and in-kind).

Social Sciences and Humanities Research Council (SSHRC), Co-applicant, “Post-Pandemic: Austerity, Recovery or Transition”, 611-2021-0125, $25,000, 2021.

Social Sciences and Humanities Research Council (SSHRC), Principal Investigator, “Monetary Policy and Income Distribution”, 611-2020-0321, $24,986, 2020.

Social Sciences and Humanities Research Council (SSHRC), Co-applicant, “Demand-Led Growth: Stagnation Theories and Stagnation Policies”, $24,970, 2020.

La Chaire d’Energie et de Prospérité, France, $7,500, 2018.

Social Sciences and Humanities Research Council (SSHRC – 611-2018-0220), Principal Investigator, ‘The Future of Central Banking’, $25,000, 2018.

Social Sciences and Humanities Research (SSHRC - 611-2015-0406), Principal Investigator, ‘Secular Stagnation’, $25,000, 2016.

French Development Bank, 7 750 Euros, 2015.

Research Grant – Institute for New Economic Thinking – The Political Economy of the New Fiscalism – 200 000$ over three years. Co-collaborator, 2011.

Social Sciences and Humanities Research Council (SSHRC) – (Principal Investigator), $25,000 2010.

Social Sciences and Humanities Research Council (SSHRC) – (Principal Investigator), $25,000 2009.

Social Sciences and Humanities Research Council (SSHRC) – (Principal Investigator), $22,000 2008.

Social Sciences and Humanities Research Council (SSHRC) – (Principal Investigator), $24,000 2007.

Bourse de recherche du Conseil de Recherche en Sciences Humaines (CRSH) – Subvention ordinaire de recherche (Standard Research Grant) -  78 506$ sur trois ans. Titre du projet: “Monetary Policy in Canada: Recent Developments.” (410-2006-2321). (investigateur principal), 2006.

Social Sciences and Humanities Research Council (SSHRC, 646-2005-0065) – (Principal Investigator), $24,947, 2005.

European Commission, “Comparing American and European Models of Governance”, 11 483 Euros (Principlal Investigator), 2002.

Canadian Studies Program (US) – “The independence of Canadian monetary policy”, US $7,500$ (Principal investogator), 2002.

Global Partners Project – Central Europe/Russia Task Force – “Capital Flows and exchange rate regimes”, US $2,400 (Principal Investogator), 2002.

C.S. Mott Foundation –  “Dollarisation, Foreign Direct Investments and the Macro-environnement”,  US $40,000 (Principal Investigator), 2002.

Ford Fondation –  “Dollarisation and the Control of Foreign Capital Flows”,  US $75,000 (Principal Investigator), 2001.

International Research Linkages (PIRL) – The Politique Economy of Dollarization”, $8,000 (Principal Investigator), 2000.

Awards

In March 2017, I was honoured with the John Kenneth Galbraith Award, by the Center of Studies of North American Finance and Economics, at the Autonomous Metropolitana University – Iztapalapa (UAM, Mexique), in recognition of my contribution to the understanding of monetary policy.

Doctoral Awards

The Freida Wunderlich Award for Outstanding Dissertation (May, 1998)

The Economics Dissertation Fellowship (1997 and 1998)

The Adoph Lowe Fellowship in Political Economy (1996 and 1997)

The Henry H. Arnhold Economics Fellowship (1994)

The New School Scholarship (1993)

Teaching

I lecture both in French and in English.  Courses include introductory level. Math for Economists, Money and Banking, History of Economic Thought, Intermediate Macroeconomics, Advanced Macroeconomics, and Canadian Economic Problems. 

My teaching philosophy centers around training students to be critical thinkers and scholars, which includes training them to write academic papers.  All my classes contain the writing of an essay. Emphasis is placed on asking the right question and providing a balanced answer.

Publications

My personal website: https://macroeconomist.wixsite.com/lprochon

Monetary Policy Institute Website: https://macroeconomist.wixsite.com/monetarypolicyinst

RIP Blog Series website: https://macroeconomist.wixsite.com/monetarypolicyinst/about-1-2

 

BOOKS (authored or edited)

Central Banking, Monetary Policy and the Common Good, Cheltenham: Edward Elgar (with Sergio Rossi and Guillaume Vallet), 2025, forthcoming

Central Banking, Monetary Policy and Financial In/Stability,Cheltenham: Edward Elgar (with Sylvio Kappes and Guillaume Vallet), 2024, forthcoming

Central Banking, Monetary Policy and Monetary Policy Implementation, Cheltenham; Edward Elgar (with S. Kappes and G. Vallet)

Advances in the Theory of the Monetary Circuit, (with Guglielmo Davanzati and Stefano Lucarelli), Cheltenham: Edward Elgar, 2024, forthcoming.

The Encyclopaedia of Central Banking, secondedition, Cheltenham: Edward Elgar (with Sergio Rossi), 2024, forthcoming.

Money and Production: Selected Essays of Monnaie et Production, Cheltenham; Edward Elgar (with Mario Seccareccia), 2024, forthcoming.

Intermediate Macroeconomics: Theory, Policy and Competing Perspectives, Cheltenham; Edward Elgar (with Hassan Bougrine and Mario Seccareccia), 2024, forthcoming.

Intermediate Microeconomics: Theory, Policy and Competing Perspectives, Cheltenham; Edward Elgar (with Hassan Bougrine and Mario Seccareccia), 2024, forthcoming.

Central Banking, Monetary Policy and Gender,Cheltenham: Edward Elgar (with Sylvio Kappes and Guillaume Vallet), 2024.

Monetary Policy Challenges in Latin America, Cheltenham: Edward Elgar (with Fernando Toledo), 2023.

Public and Development Banks, London: Routledge, 2023.

Central Banking, Monetary Policy and Income Distribution,Cheltenham: Edward Elgar (with Sylvio Kappes and Guillaume Vallet), 2023.

The Encyclopaedia of Post-Keynesian Economics, Cheltenham: Edward Elgar (with Sergio Rossi), 2023.

A Short History of Economic Thought, Cheltenham: Edward Elgar (with Hassan Bougrine), 2022.

Central Banking, Monetary Policy and the Future of Money,Cheltenham: Edward Elgar (with Sylvio Kappes and Guillaume Vallet), 2022.

Central Banking, Monetary Policy and Social Responsibility,Cheltenham: Edward Elgar (with Sylvio Kappes and Guillaume Vallet), 2022.

Central Banking, Monetary Policy and the Environment, Cheltenham: Edward Elgar (with Sylvio Kappes and Guillaume Vallet), 2022.

The Future of Central Banking, Cheltenham: Edward Elgar (with Sylvio Kappes and Guillaume Vallet), 2022.

Development Economics: Aptly or Wrongly Named?, London: Routledge, 2022.

Capital Movements and Corporate Dominance in Latin America: Reduced Growth and Increased Instability (with Jorge Bustamante and Noemi Levy), Cheltenham: Edward Elgar, 2021.

Kalecki and Kaleckian Economics: Understanding the Economics of Michał Kalecki and His Legacy after 50 Years, London: Routledge, 2021.

Introduction to Macroeconomics: A heterodox approach to economic analysis, Second Edition, Cheltenham: Edward Elgar (with S. Rossi), Second Edition, 2021

Credit, Money and Crises in post-Keynesian Economics: Essays in honour of Marc Lavoie and Mario Seccareccia, Cheltenham: Edward Elgar (with Hassan Bougrine), 2020.

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics: Essays in honour of Marc Lavoie and Mario Seccareccia, Cheltenham: Edward Elgar (with Hassan Bougrine), 2020.

 Introduction to Macroeconomics: A heterodox approach to economic analysis, Cheltenham: Edward Elgar (with S. Rossi), Second Edition, 2020.

The Encyclopaedia of Post-Keynesian Economics, Cheltenham: Edward Elgar (with Sergio Rossi), 2020.

Finance, Growth and Inequality: Post-Keynesian Perspectives,Cheltenham: Edward Elgar (with Virginie Monvoisin), 2019.

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics: Essays in honour of Marc Lavoie and Mario Seccareccia, Cheltenham : Edward Elgar (with Hassan Bougrine), 2019.

 Employment in the Age of Austerity, Cheltenham: Edward Elgar (with Hassan Bougrine et Brian MacLean), 2019.

 A Short History of Economic Thought, Cheltenham: Edward Elgar (with Hassan Bougrine), 2019.

 Advances in Endogenous Money Analysis, Cheltenham: Edward Elgar Publishing (with S. Rossi), 2017.

 International Library of Critical Writings in Economics: Post-Keynesian Economics: Volume I: Issues in Methodology, Cheltenham: Edward Elgar (with Sergio Rossi), 2017.

 International Library of Critical Writings in Economics: Post-Keynesian Economics: Volume II: Credit, Money and Production, Cheltenham: Edward Elgar (with Sergio Rossi), 2017.

 International Library of Critical Writings in Economics: Post-Keynesian Economics: Employment, Distribution, Growth, Development, Asset Bubbles and Financial Crises, Cheltenham: Edward Elgar (with Sergio Rossi), 2017.

 A Modern Guide to Rethinking Economics, Cheltenham: Edward Elgar (avec Sergio Rossi), 2017.

 Introduction to Macroeconomics: A heterodox approach to economic analysis, Cheltenham: Edward Elgar (with S. Rossi), 2016.

 The Elgar Encyclopaedia of Central Banking, Cheltenham: Edward Elgar, (with S. Rossi), 2015.

 The Future of Capitalism: Essays in Honour of Alain Parguez, Cheltenham : Edward Elgar (with M. Seccareccia), 2013.

 Monetary Policy and Central Banking, Cheltenham: Edward Elgar, (with S. Olawoye), 2012.

 Employment, Growth and Development: A Post-Keynesian Approach, Cheltenham: Edward Elgar, (with C. Gnos and D. Tropeano), 2012.

 Credit, Money and Macroeconomic Policy: A Post-Keynesian Approach, Cheltenham: Edward Elgar (with C. Gnos), 2011.

 Money and Macroeconomic Issues: Essays in the Eichnerian Tradition, New York: M.E. Sharpe (with Marc Lavoie amd Mario Seccareccia), 2010.

 Monetary Policy and Financial Stability: A Post-Keynesian Agenda, Cheltenham: Edward Elgar (with C. Gnos), 2009.

 The Keynesian Multiplier: A Post-Keynesian Debate, London: Routledge (with Claude Gnos), 2008.

 Monetary and Exchange Rate Systems: A World View on Financial Crises, Cheltenham: Edward Elgar Publishing (with Sergio Rossi), 2006.

 Theorias monetarias post-keynesianas, Madrid: AKAL Publishing (with Pierre Piégay), 2006.

 Post-Keynesian Principles of Economic Policy, Cheltenham: Edward Elgar (with C. Gnos), 2006.

 Théories monétaires post keynésiennes, Paris: Economica (with Pierre Piégay), 2003.

 Studies in Modern Theories of Money, Cheltenham: Edward Elgar Publishing (with Sergio Rossi), 2003.

 Dollarization: Lessons from Europe and the Americas, London: Routledge (with  Mario Seccareccia), 2003.

 Credit, Interest Rates and the Open Economy: Essays on Horizontalism, Cheltenham: Edward Elgar Publishing (with Matias Vernengo), 2001.

Credit, Money and Production: An Alternative Post-Keynesian Approach. Cheltenham: Edward Elgar Publishing, 1999.

 

ARTICLES (in peer-reviewed journals)

“The Reflux Phase: from the Monetary Circuit Theory to SFC Modeling”, European Journal of Economics and Economic Policy: Intervention, 2024, forthcoming, (with Edouard Cortin-Euziol and Hassan Bougrine”

“Monetary Policy and Income Distribution: The post-Keynesian and Sraffian perspectives”, Review of Political Economy, 2024, forthcoming (with A. Lofaro and G. Matamoros).

“Inflation as Conflict: Lesson from the post-COVID recovery”, Review of Political Economy, 2024, forthcoming (with Ettore Gallo).

“The Euro-Area crisis and the Monetary Policy Response of the ECB: A critical investigation and some reform proposals”, Forum for Social Economics, 2024, (with Sergio Rossi, forthcoming)

“Endogenous Money for Anthropologists”, Current Anthropology, 2024, forthcoming.

“The Future of Post-Keynesian Economics at 50”, Journal of Philosophical Economics, 2023, 16, pp. 254-279.

“Introduction to Post-Keynesian Economics: New Foundations by Marc Lavoie”, Review of Political Economy, 35 (4), 2023, pp. 1021-1024 (with Sylvio Kappes).

“Latin America and External Financing: The shifting international monetary order” in International Review of Economic Policy, 5 (2), 2023, pp. 48-63 (with Wesley Marshall).

"The Legacy of Alain Parguez and his Ongoing Research Agenda: Capitalism, the financial circuit and the state”, International Journal of Political Economy, 52 (3-4), 2023, pp. 270-281 (with Wesley Marshall and Gregorio Vidal).

Post-Keynesian Economics: New Foundations, by Marc Lavoie
Chapter 4: Credit, Money and Central Banks”, Review of Political Economy, 35 (4), 2023, pp. 1051-1060 (with Sylvio Kappes).

“The Review of Political Economy at 35, Review of Political Economy, 35 (1), January, 2023, pp. 1-5.

“¿Instituciones del pueblo, por el pueblo y para el pueblo? Abordar el poder y la responsabilidad social de los bancos centrales en una democracia”, Revista de Economía Institucional, 25 (48), 2023, pp. 29-59.

“The Historical and Institutional Roots of Post-Keynesian Economics”, Review of Political Economy, 35 (1), January, 2023, pp. 6-27.

“Understanding Full Investment and the Potential Role of Public Banks”, Review of Political Economy, 34 (2), 2022, pp. 340-355 (with Wesley Marshall).

“A Tribute to Alain Parguez: 1940-2022”, Review of Political Economy, 34 (3), pp. 604-611, 2022 (with Riccardo Bellofiore and Mario Seccareccia).

“Eight Lessons for Teaching Macroeconomic Policy after COVID-19: A Heterodox Perspective”, Advances in Economics Education, Inaugural Issue, 1 (1), October, 2022, pp. 30-47.

“Understanding Central Bank Independence”, International Journal of Political Economy, 51 (4), October, 2022.

“The Institutions of the People, by the People and for the People? Addressing central banks' power and social responsibility in a democracy”, PSL Quarterly Review, 75 (301), June, pp. 83-102 2022, (with Guillaume Vallet).

“Understanding Full Investment and the Potential Role of Public Banks”, Review of Political Economy, 34 (2), April 2022, pp. 340-355.

Un Ensayo Sobre Política Monetaria y Distribución del Ingreso: Una perspectiva heterodoxa“, Ensayos Económicos, 76, May, 2021 (with Mario Seccareccia).

“What Have We Yet to Learn from the Coronavirus?, Review of Political Economy, 33 (3), July, 2021.

“What Have We Learned from the Covid-19 Crisis? Domestic and International Dimensions and Policy Options for a Post-Coronavirus World: Introduction to the Special issue of the International Journal of Political Economy”, International Journal of Political Economy, 49 (4). pp. 261-264 (with M. Seccareccia), 2020.

“The Economics of Basil Moore”, European Journal of Economics and Economic Policy, 17 (3), pp. 313-324, 2020.

“Public Banking and Post-Keynesian Economic Theory”, International Journal of Political Economy, forthcoming, 2018 (with Weslesy Marshall)

“The State of Macro”, Ola Financiera, 11 (31), September-December, pp. 11-27, 2018 (with Sergio Rossi).

“The Relationship Between Inflation and Unemployment: A critique of Friedman and Phelps”, Review of Keynesian Economics, 6 (4), Winter, pp. 533-44, 2018 (with Sergio Rossi).

“Obituary: Basil J. Moore (1933-2018)”, European Journal of Economics and Economic Policy – Intervention, 15 (3), pp. 119-20, 2018. Reprinted in the Royal Economic Society.

“In Pursuit of the Holy Grail: Monetary Policy, the Natural Rate of Interest, and Quantitative Easing”, Studies in Political Economy, 97 (1), pp. 87-94, 2017.

“A great deal of neoclassical theory is set in cloud-cuckoo-land: An Interview of Edward Nell, European Journal of Economics and Economic Policy: Intervention, 13 (1), pp. 1-9, 2016.

“Transformations of entrepreneurial capitalism, crises and the need
for a radical change in economic policy”, Review of Keynesian Economics, 3 (1), pp. 181-93 (avec Hassan Bougrine), 2015.

“Endogenous money: the evolutionary vs revolutionary views”, Review of Keynesian Economics, 1(2), Summer, pp. 210–229 (with Sergio Rossi), 2013.

“Monetary circuit with multi-period credit”, Review of Political Economy, 25 (3), pp. 461-75 (with Edouard Cottin-Euziol), 2013.

“The Global Financial Crisis and the Role of Engagement with the Mainstream in the Future of Post-Keynesian Economics”, Review of Political Economy, 24 (3), July, pp. 503-518, (with P. Docherty), 2012.

“A Kaleckian Model of Growth and Distribution with Conflict-Inflation and Post-Keynesian Nominal Interest Rate Rules”, Journal of Post Keynesian Economics, 34 (3), Spring, pp. 497-520 (with M. Setterfield), 2012.

“Growth and money in post-Keynesian models”, Journal of Post Keynesian Economics, 34 (3), Spring, pp. 487-392 (with D. Lang), 2012.

“Implementing a new curriculum for economics education after the crisis: a call for action”, International Journal of Pluralism and Economics Education, 3 (3), (with Sergio Rossi), 2012.

“Monetary policy before and after the crisis: what should we be teaching undergraduates?” International Journal of Pluralism and Economics Education, 3 (3), 2012.

“Economics and the economic crisis: the case for change”, Review of Keynesian Economics, 1 (1), pp. 1-4 (with Thomas Palley et Matias Vernengo), 2012.

“The 2007-2009 Economic and Financial Crisis: An Analysis in terms of monetary circuits”, International Journal of Economic and Social Systems, 23 (1), (with S. Rossi),  pp. 7-23, 2010.

“Has ‘It’ Happened Again”, International Journal of Political Economy, 39 (2), pp. 5-9, Summer, (with S. Rossi), 2010.

“Keynes and the Real World”, Journal of Post Keynesian Economics, 32 (1), Fall, pp. 43-58, 2009.

“South America and a new financial architecture”, Journal of Post Keynesian Economics, 32 (2), 155-162 (with J.-F. Ponsot), 2009.

Financing Economic development in Latin America: the Banco del Sur”, in Journal of Post Keynesian Economics, 32 (2), 185-198 (with W. Marshall).

“The Political Economy of Interest Rate Setting, Inflation, and Income Distribution” in International Journal of Political Economy, 37 (2), Summer, pp. 2-25 (with Mark Setterfield), 2008.

“The New Consensus and Post-Keynesian Interest Rate Policy” in Review of Political Economy, 19 (3), July, pp. 369- 386 (with Claude Gnos), 2007.

“Central Banking and Post-Keynesian Economics” in Review of Political Economy, 19 (4), pp. 539 – 554 (with Sergio Rossi), 2007.

“The State of Post-Keynesian Interest Rate Policy: Where are we and where are we going?” in Journal of Post Keynesian Economics, 30 (1), Fall, pp. 3-11, 2007.

“Interest Rates, Income Distribution and Monetary Policy Dominance: Post Keynesians and the ‘Fair’ Rate of Interest”, in Journal of Post Keynesian Economics, 30 (1), Fall, pp. 13-41 (with Mark Setterfield), 2007.

“Inflation Targeting, Economic Performance, and Income Distribution: A Monetary Macroeconomics Analysis”, in Journal of Post Keynesian Economics, 28 (4), pp. 615-638 (with Sergio Rossi), 2006.

“The More Things Change … Inflation Targeting and Central Bank Policy”, in Journal of Post Keynesian Economics, 28 (4), pp. 551-558, 2006.

“Economic Power and the Real World”, International Journal of Political Economy, 35 (4), Winter, pp. 5-28 (with V. Monvoisin), 2006.

“Teorias Poskeynesianas: Una Aproximacion de la Escuela Francesa”, Problemas des Desarrollo: Revista LatinoAmericana de Economia, 36 (143), pp. 33-58 (with Pierre Piégay), 2006.

“The Washington Consensus and Multinational Banking in Latin America”, Journal of Post Keynesian Economics, 27 (2), Winter, pp. 315-31 (with Claude Gnos), 2005.

“What is Next for the Washington Consensus: The Fifteenth Anniversary, 1989 - 2004”, Journal of Post Keynesian Economics, 27 (2), Winter, pp. 187-193 (with Claude Gnos), 2005.

“Reforming the International Financial and Monetary System: From Keynes to Davidson and Stiglitz”, Journal of Post Keynesian Economics, 26 (4), Summer, pp. 613-630 (with Claude Gnos), 2004.

“Smooth Sailing or Rough Waters Ahead: A Symposium on Reforming the International Financial Architecture”, Journal of Post Keynesian Economics, 26 (4), Summer, pp. 551-556 (with Claude Gnos), 2004.

“Les théories monétaires post-keynésiennes”, Economie Appliquée, 57 (4), December, pp. 163 – 186 (with Pierre Piégay), 2004.

“Joan Robinson and Keynes: Finance, Relative Prices and the Monetary Circuit,” Review of Political Economy, 15 (4), pp. 483-391 (with Claude Gnos), 2003.

“State Money and the Real World: Or Chartalism and its Discontents,” Journal of Post Keynesian Economics, 26 (3), Fall, pp. 57 – 67 (with Matias Vernengo), 2003.

“Dollarization Out, Euroization In”, International Journal of Political Economy, 33 (1), pp. 21-41 (with Sergio Rossi), 2003.

“Dinero y dinero endógeno: une approximación post keynesiana y de la circulación”, Cuestiones Económicas, 18 (1),  pp. 137 – 168, 2002.

“Money Creation and the State: A Critical Assessment of Chartalism”, International Journal of Political Economy, 32 (3), Fall, pp. 41 – 57 (with Claude Gnos), 2002.

“Cambridge’s Contribution to Endogenous Money: Robinson and Kahn and Credit and Money”, Review of Political Economy, 13 (3), July, pp. 287 – 307, 2001.

“Kaldor and Robinson on Growth and Money”, The European Journal of the History of Economic Thought, 8 (1), Spring, pp. 75 – 103 (with Matias Vernengo), 2001.

“Apertura financiera y dolarización.  Una perspectiva escéptoca”, Cuestiones Económicas, 17 (1), pp. 123 – 141, pp. 142 – 145, 2001.

“The Creation and Circulation of Money: A Reply to Pressman”, Journal of Economic Issues, 34 (4), December, pp. 973 – 979, 2000.

“1939-1958: Was Kaldor an Endogenist?”, Metroeconomica, 51 (2), May, pp. 191 – 220, 2000.

“Exchange Rate Regimes and Capital Controls”, Challenge, November-December, pp. 76 – 92 (with Matias Vernengo), 2000.

Creation and Circulation of Money: A ‘circuit dynamique’ Approach”, Journal of Economic Issues, 33 (1), March, pp. 1 – 21, 1999.

“Keynes’s Finance Motive: A Reassessment. Credit, Liquidity Preference and the Rate of Interest”, Review of Political Economy, 9 (3), pp. 277 – 293, 1997.

 

ARTICLES (in books)

“The monetary circuit”, in Vernengo, M. and E. Perez Caldentey (eds), The New Palgrave, London: XXX, 2020, forthcoming.

“Introduction”, in Bougrine, H., B. MacLean, and L.-P. Rochon (éds), Employment in the Age of Austerity, Cheltenham : Edward Elgar, 2019, forthcoming.

“Austerity, Unemployment and Poverty in Developing Countries”, in Bougrine, H., B. MacLean, and L.-P. Rochon (éds), Employment in the Age of Austerity, Cheltenham : Edward Elgar, 2019, forthcoming.

“The economic legacy of Marc Lavoie and of Mario Seccareccia”, in Bougrine, H. and L.P. Rochon (eds), Money and Crises in post-Keynesian Economics : Essays in honour of Marc Lavoie and Mario Seccareccia, Cheltenhan : Edward Elgar, 2019, forthcoming.

“The effectiveness of monetary policy in an endogenous-money framework”, in Bougrine, H. and L.P. Rochon (éds), Money and Crises in post-Keynesian Economics : Essays in honour of Marc Lavoie and Mario Seccareccia, Cheltenhan : Edward Elgar, 2019, forthcoming.

“A short history of economic thought”, in Bougrine, H. and L.-P. Rochon (eds), A Short History of Economic Thought, Cheltenham : Edward Elgar, 2019, forthcoming.

“The Neoclassical school”, in Bougrine, H. and L.-P. Rochon (eds), A Short History of Economic Thought, Cheltenham : Edward Elgar, 2019, forthcoming.

“The Post-Keynesian school”, in Bougrine, H. and L.-P. Rochon (eds), A Short History of Economic Thought, Cheltenham : Edward Elgar, 2019, forthcoming.

“Joan Robinson: une combattante à l’assaut de la citadelle orthodoxe”, in Berr, E., V. Monvoisin, and J.-F. Ponsot (éds), L'économie postkeynésienne en théorie et en pratique, Paris : Le Seuil, 2018.

“La monnaie endogène et la question du financement de l’économie”, in Berr, E., V. Monvoisin, and J.-F. Ponsot (éds), L'économie postkeynésienne en théorie et en pratique, Paris : Le Seuil, 2018, (with V. Monvoisin).

« Introduction: the need to discuss endogenous money again », in Rochon, L.-P. and S. Rossi (eds), Advances in Endogenous Money Analysis, Cheltenham : Edward Elgar, 2018 (with Sergio Rossi).

« Horizontalism and structuralism: a suggested re-interpretation », in Rochon, L.-P. and S. Rossi (eds), Advances in Endogenous Money Analysis, Cheltenham: Edward Elgar, 2018, (with Sergio Rossi)

“Teaching money and banking with regard to the history of economic thought”, in Tavasci, D. and L. Ventimiglia, Teaching Economics with a Historical Perspective, Cheltenham: Edward Elgar, 2018, pp. 91-107 (with Sergio Rossi).

"Introduction », in Rochon, L.-P. and S. Rossi (éds), International Library of Critical Writings in Economics: Post-Keynesian Economics: Volumes I, II, et III, Cheltenham: Edward Elgar (with Sergio Rossi), 2017.

"Introduction », in Rochon, L.-P. and S. Rossi (eds), A Modern Guide to Rethinking Economics, Cheltenham : Edward Elgar (with Sergio Rossi), 2017

"Rethinking monetary policy », in Rochon, L.-P. and S. Rossi (eds), A Modern Guide to Rethinking Economics, Cheltenham: Edward Elgar, 2017.

“Financialization, crisis and economic policy”, in Levy, N. and E. Ortiz (eds), The Financialization Response to Economic Disequilibria: European and Latin American Experiences, Cheltenham: Edward Elgar, pp. 143-59 (with H. Bougrine).

 “The need for a heterodox approach to economic analysis”, in Rochon, L.-P. and S. Rossi (eds), An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis, Cheltenham: Edward Elgar (with S. Rossi), 2016.

“What is economics?”, in Rochon, L.-P. and S. Rossi (eds), An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis, Cheltenham: Edward Elgar (with S. Rossi), 2016.

“Monetary Theories of Production”, in Rochon, L.-P. and S. Rossi (eds), An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis, Cheltenham: Edward Elgar, 2016.

"The central bank and monetary policy”, in Rochon, L.-P. and S. Rossi (eds), An Introduction to Macroeconomics: a heterodox approach to economic analysis, Cheltenham : Edward Elgar (with Sergio Rossi), 2016.

“Preface”, in Cottin-Euzeol, E. (2016), Néo-Libéralisme versus État-Providence - Le débat économique entre classiques et keynésiens, Paris: Les Editions Yves Michel.

“Unemployment”, in Rowe, D. (ed.), Achieving Sustainability: Visions, Principles, and Practices, Detroit: Macmillan, 2015.

“Reflux Mechanism”, in Rochon, L.-P. and S. Rossi (eds), An Encyclopedia of Central Banking, Cheltenham: Edward Elgar, 2015.

“Dollarization”, in Rochon, L.-P. and S. Rossi (eds), An Encyclopedia of Central Banking, Cheltenham: Edward Elgar, 2015, pp. 148-9 (with Mehdi Ben Guirat).

“Monetary circuit”, in Rochon, L.-P. and S. Rossi (eds), An Encyclopedia of Central Banking, Cheltenham: Edward Elgar, 2015, pp. 331-2.

“Alain Parguez’s Contribution to Political Economy”, in Rochon, L.-P. and M. Seccareccia (eds), Monetary Economies of Production: Banking and Financial Circuit, and the Role of the State, Cheltenham: Edward Elgar, 2013, (with M. Seccareccia).

“Keynes and the endogeneity of money”, in Cate, T. (ed), Keynes’s General Theory Seventy Years Later, Cheltenham: Edward Elgar, 2012.

”The Global Financial Crisis and the Role of Engagement with the Mainstream in the Future of Post-Keynesian Economics”, in Lee, F. et M. Lavoie (eds), In Defense of Post-Keynesan and Heterodox Economics: Responses to their critics, Abington, Oxon: Routledge, 2012, pp. 212-229 (with P. Docherty).

“Introduction”, in Gnos, C. and L.-P. Rochon (eds), Credit, Money and Macroeconomic Policy: A Post-Keynesian Approach, Cheltenham: Edward Elgar, pp. 1-11, 2011.

“Monetary Policy without Reserve Requirements: central bank money as means of final payment in the interbank market”, in Gnos, C. and L.-P. Rochon (eds), Credit, Money and Macroeconomic Policy: A Post-Keynesian Approach, Cheltenham: Edward Elgar, pp. 98-115, 2011 (with Sergio Rossi).

“Post-Keynesian Interest Rate Rules and Macroeconomic Performance: A comparative evaluation”, in Gnos, C. and L.-P. Rochon (eds), Credit, Money and Macroeconomic Policy: A Post-Keynesian Approach, Cheltenham: Edward Elgar, pp. 116-141, 2011 (with Mark Setterfield).

"Keynes, Crisis and Macroeconomic Policy”, in Gnos and L.-P. Rochon (eds), Credit, Money and Macroeconomic Policy, Chentelham: Edward Elgar, 2010, pp. 1-10, (with C. Gnos).

“Credit Cycles”, in Hausler, P. (ed), Booms and Busts: An Encyclopedia of Economic History, Armonk, NY: ME Sharpe, 2010, pp. 188-91,

“New Keynesian Theories and Models”, in Hausler, P. (ed), Booms and Busts: An Encyclopedia of Economic History, Armonk, NY: ME Sharpe, 2010, pp. 580-3.

“Metas de inflation, distribucion del ingreso, y la tasa de interest justa” in Political monetaria con elevado traspaso des tipo de cambia: la experiencia Mexicana con metas de inflacion, in Mantey de Anguiano, G. and T. Lopez Gonzalez (eds), Mexico, 2010.

“Alfred Eichner and the State of Post-Keynesian Economics”, in Lavoie, M. L.-P. Rochon and M. seccareccia (éds), Money and Macrodynamics: Alfred Eichner and Post-Keynesian Economics, Armonk: New York: ME Sharpe (with M. Lavoie and M. Seccareccia), 2010.

“Alfred Eichner, Post-Keynesians and Money’s Endogeneity: Filling in the Horizontalist Black Box”, in Lavoie, M. L.-P. Rochon and M. Seccareccia (éds), Money and Macrodynamics: Alfred Eichner and Post-Keynesian Economics, Armonk: New York: ME Sharpe, 2010, pp. 172-190.

“The Rise of Post-Keynesian Economic Policy”, In Monetary Policy and Financial Stability, Gnos, C. and L.-P. Rochon (eds), Cheltenham: Edward Elgar, 2009, pp. xv-xxi.

“Central Bank Governance, the Euthanasia of the Rentier and Interest Rate Policy: A Note on post-Keynesian Monetary Policy after Taylor”, in Monetary Policy and Financial Stability, Gnos, C. and L.-P. Rochon (eds), Cheltenham: Edward Elgar, 2009, pp. 48-67.

“The existence of monetary profits in the monetary circuit: some unanswered questions revisited”, In Ponsot, J.-F, and S. Rossi (éds), The Political Economy of Monetary Circuits: Tradition and Change, Basingstoke: Palgrave Macmillan, 2009, pp. 56-76.

“Inflation Targeting: From Misconception to Misguided Policies”, in H. Bougrine and M. Seccareccia (eds), Introducing Macroeconomic Analysis: Competing Views, Toronto: Emond Montgomery Publications, 2009.

 “Dinero Endógeno: Perspectivas Evolucionarias versus Revolucionarias”, In E. Correa ane A. Girón (éds), La Nueva Agenda Monetaria, Fiscal y Financiera, Mexico: Miguel Angel Porrúa Editores e Instituto de Investigaciones Económicas-UNAM (with Sergio Rossi), 2009.

“Uncertainty”, In International Encyclopedia of the Social Sciences, 2nd Edition, W. Darity (ed), Farmington Hills, MI: Macmillan, volume 8, 2008, pp. 481-482

“Inflation”, In International Encyclopedia of the Social Sciences, 2nd Edition, W. Darity (ed), Farmington Hills, MI: Macmillan, volume 4, 2008, pp. 23-26.
“Macroeconomics – Structuralism”, In International Encyclopedia of the Social Sciences, 2nd Edition, W. Darity (ed), Farmington Hills, MI: Macmillan, volume 4, 2008, pp. 543-545.

“Profits”, In International Encyclopedia of the Social Sciences, 2nd Edition, W. Darity (ed), Farmington Hills, MI: Macmillan, volume 6, 2008, pp. 522-525.

“The Keynesian Multiplier”, in C. Gnos and L.-P. Rochon (eds), The Keynesian Multiplier, London: Routledge (with Claude Gnos), 2008, pp.

“The Keynesian Multiplier and Bank Lending: Endogenous Money and the Reflux Principle”, In C. Gnos and L.-P. Rochon (eds), The Keynesian Multiplier, London: Routledge, 2008, pp.

“Metas de inflación, distribución del ingreso, y la tasa de interés justa”, in Mántey, G.  and T. S. López (eds), Política Monetaria con Elevado Traspaso del Tipo de Cambio: La Experiencia Mexicana con Metas de Inflación, Mexico: UNAM-M. A. Porrúa, 2008.

“Metas de inflación, desempeno económico, y distribución del ingreso”, In E. Correa and A. Girón (éds), Del Sur Hacia el Norte: Economía Política del Orden Económico Internacional Emergente, Buenos Aires, Argentina: Consejo Latinoamericano de Ciencias Sociales (CLACSO) (avec Sergio Rossi), 2007, pp. 83-95.

“The Monetary Policy Strategy of the European Central Bank: Does Inflation Targeting Lead to a Successful Stabilisation Policy?”, In E. Hein (ed), Macroeconomics and Macroeconomic Policies: Alternatives to the Orthodoxy, Marburg: Metropolis, 2006, pp. 87-110 (with Sergio Rossi).

“Introduction”, In L.-P. Rochon and S. Rossi (eds), Monetary and Exchange Rate Systems: A World View on Financial Crises, Cheltenham, Edward Elgar Publishing, 2006, pp. xvi-xxv (with Sergio Rossi).

“Crisis Avoidance: The Post Washington Consensus Agenda”, In L.-P. Rochon and S. Rossi (eds), Monetary and Exchange Rate Systems: A World View on Financial Crises, Cheltenham, Edward Elgar Publishing, 2006, pp. 106-123.

“Endogenous Money, Central Banks and the Banking System: Basil Moore and the Supply of Money”, In M. Setterfield (ed), Complexity, Endogenous Money and Macroeconomic Theory: Essays in Honour of Basil J. Moore, Cheltenham: Edward Elgar Publishing, 2006, pp. 220-243.

 “Introduction” in C. Gnos and L.-P. Rochon (eds), Principles of Keynesian Economic Policies, Cheltenham: Edward Elgar Publishing, 2006, pp. xvi-xxiv (with Claude Gnos).

“The Post-Keynesian Consensus, the New Consensus and Endogenous Money”, In C. Gnos and L.-P. Rochon (eds), Post-Keynesian Principles of Economic Policies, Cheltenham: Edward Elgar, 2006, pp. 57-77 (with Virginie Monvoisin).

“The Existence of Monetary Profits within the Monetary Circuit: An Essay in Honour of Augusto Graziani”, In G. Fontana and R. Realfonzo (éds), The Monetary Theory of Production: Tradition and Perspectives, London: Mcmillan, 2005, pp. 125-138.

“Joan Robinson on Credit, Money and Production: A Forgotten Contribution”, In W. Gibson (ed), Joan Robinson’s Economics : A Centennial Celebration, Cheltenham: Edward Elgar Publishing, 2005, pp. 267-282.

“The Impact of Multinational Banking on Domestic Banking” In P. Arestis and J. Fereiro (eds), Financial Developments in National and International Markets, London: Palgrave and Macmillan Press, 2005, pp. 176-189, (with Claude Gnos).

“Central Banking in the Monetary Circuit”, In M. Lavoie and M. Seccareccia (éds), Central Banking in the Modern World: Alternative Perspectives, Cheltenham: Edward Elgar (with Sergio Rossi), 2004, pp. 144-163.

“Interest Rates, Effective Demand and Financial Fragility: Edward Nell and the Trieste Tradition” In G. Argyrous, M. Forstater, and G. Mongiovi (éds), Essays in Honor of Edward Nell, New York: M.E. Sharpe, 2004, pp. 203-219 (with Matias Vernengo).

 “Introduction”, In L.-P. Rochon and S. Rossi (eds), Modern Theories of Money, Cheltenham: Edward Elgar (with Sergio Rossi), 2003, pp. xx – lvi.

“Money and Endogenous Money”, In L.-P. Rochon and S. Rossi (eds), Modern Theories of Money, Cheltenham: Edward Elgar, 2003, pp. 115 – 141.

“Monnaie endogène et économies monétaires de production: l’apport des théories monétaires post keynésiennes”. In Piégay, P. and L.-P. Rochon (éds) Théories monétaires post keynésiennes. Paris: Economica, 2003, pp. 1 – 18.

 “La Monnaie d’état et le monde réel: le malaise du chartalisme”, In Piégay, P. and L.-P. Rochon (eds), Théories monétaires post keynésiennes. Paris: Economica, 2003, pp. 177 – 193, (with M. Vernengo).

“Introduction”, In L.-P. Rochon and M. Seccareccia (eds), Dollarization: Lessons from Europe and the Americas, London: Routledge, 2003, pp. 1-11, (with Mario Seccareccia).

Does NAFTA Need a Common Currency: An American Perspective”, In L.-P. Rochon and M. Seccareccia (eds), Dollarization: Lessons from Europe and the Americas. London: Routledge, (with Marias Vernengo), 2003.

 “Credit and Money” (Dinero como deuda”), In D. Guerrero (ed.), Manual y Diccionario de Economia Politico-Social, Madrid: Trotta, 2002.

“Financial Instability Hypothesis”, In J. King (ed.), The Elgar Companion to Post Keynesian Economics, Cheltenham: Edward Elgar Publishing, 2002, pp. 145-149.

 “Introduction”, In L.-P. Rochon and M. Vernengo (eds), Credit, Interest Rates and the Open Economy: Essays on Horizontalism, Cheltenham: Edward Elgar Publishing, 2001, pp. 1-10, (with Matias Vernengo).

“Horizontalism: Setting the Record Straight”, In L.-P. Rochon and M. Vernengo (eds), Credit, Interest Rates and the Open Economy: Essays on Horizontalism, Cheltenham: Edward Elgar Publishing, 2001, pp. 31-68.

“Horizontalism and New Keynesian Economics: The Role of Savings, Sticky Prices, and the Principle of Scarcity”, In L.-P. Rochon ane M. Vernengo (éds), Credit, Interest Rates and the Open Economy: Essays on Horizontalism, Cheltenham: Edward Elgar Publishing, 2001, pp. 120-142.

“The Role of Credit and Commercial Banks in the Creation of Money: A Horizontalist Interpretation in the Circuitist Tradition”, In R. Baiman, H. Boushey and D. Sawnders (eds), Political Economy and Contemporary Capitalism: Radical Perspectives on Economic Theory and Policy, New York, NY: M.E. Sharpe, 2001.