Wednesday, August 8, 2012

Top 30 Heterodox Keynesian/MMT Economics Blogs


I have already drawn attention to a list of the top 40 Austrian economics blogs.

In response, here is my list of top 30 heterodox Keynesian/MMT economics blogs and web resources. It is not based on objective criteria like number of web hits, but is very much a subjective list, on the basis of how popular various sites seem to be and (in my view) their importance:
I. Post Keynesian Blogs

(1) Debt Deflation, Steve Keen

(2) Post Keynesian Economics Study Group

(3) Naked Keynesianism

(4) Lars P. Syll’s Blog

(5) Philip Pilkington, Fixing the Economists

(6) Thoughts on Economics, Robert Vienneau

(7) Social Democracy for the 21st Century

(8) Dr. Thomas Palley, PhD. in Economics (Yale University)

(9), Ann Pettifor blog

(10) Ramanan, The Case For Concerted Action

II. Modern Monetary Theory (MMT)/Neochartalism

(11) New Economic Perspectives

(12) Billy Blog, Bill Mitchell

(13) Mike Norman Economics Blog

(14) Warren Mosler, The Center of the Universe

(15) Centre of Full Employment and Equity (CofFEE)

III. Other Heterodox Blogs and Resources

(16) Prime, Policy Research in Macroeconomics

(17) Michael Hudson

(18) New Economics Foundation

(19) Unlearningeconomics Blog

(20) Yanis Varoufakis, Thoughts for the Post-2008 World


(22) Real-World Economics Review Blog

(23) Econospeak Blog

(24) James Galbraith

(25) Robert Skidelsky’s Official Website

(26) The Other Canon

(27) Levy Economics Institute of Bard College

(28) Multiplier Effect, Levy Economics Institute Blog

(29) John Quiggin

(30) The Progressive Economics Forum

Staff Pages of Post Keynesians
(1) Paul Davidson, Holly Chair of Excellence in Political Economy, Emeritus

(2) Marc Lavoie, Professor in the Department of Economics at the University of Ottawa

(3) Mark Hayes, Robinson College, Cambridge


  1. I don't see how New Deal 2.0 is 'heterodox' (despise that term by the way), I've been reading the Rortybomb blog on that site for a number of years and there is nothing particularly unorthodox about its approach.

    1. Does not Marshall Auerback blog there? He did the last time I checked.

      Marshall Auerback is a most eloquent supporter of MMT.

    2. dear lord keynes,

      not any more:

      for some background:

      early on, when lynn parramore, founding editor, was there (she is now at alternet) new deal 2.0 was pretty good. nowadays (last two years) there are some good blogs (james galbraith) sprinkled in among the crap (bo cutter).

  2. Submitting some other names for your review:

    Stephen Kinsella
    I think he is doing some very interesting work on making Stock Flow Consistent models (a la Godley & Lavoie) as viable policy tools and he has started doint that based on the Ireland economy thanks to an INET grant.

    His website is more a soap box for his thoughts rather than forum for discussion but I find it illuminating.

    John Weeks
    Synthesis of Keynes and Marx that is more relevant today than ever before.

    John Smithin
    An old prof whom I did not understand when I took his monetary economics course many years ago but whom I understand far better today.
    Good resource for those interested in Wynne Godley's work and carrying on with it.

    1. Thanks for these links. I might add some of these.

  3. ...The Illusionist is very disappointed given that he's interviewed most prominent PKers and published some (possibly) original articles on Naked

    Also THE original outlet for the MMT folks. But we're humble like that. It's classy...

    1. OK, that was an oversight!
      I will edit this list and add you.

    2. Illusionist,

      Just to be perfectly clear: you are the Philip Pilkington, author of this:

      Is there a regular blog or web address where you blog?

  4. Lord Keynes: Why do you consider Steve Keen to be of more importance than Paul Davidson? Just curious.

  5. (1) he has developed Minsky's FIH and Fisher's debt deflation theory in important ways, and
    (2) he is very active in blogging and media appearances

  6. Submitting one more for your consideration (Real Deal Economics):

  7. But Minsky never thought of himself as a Post Keynesian.. He always told me he was, or at least wanted to be, thought of as a just "Keynesian" like Paul Samuelson and Bob Solow. [For example, he never eve submitted a manuscript to be published in the Journal of post Keynesian Economics.]
    In fact Minsky's whole thesis of financial fragility is antithetical to Keynes's claim that the faults of an entrepreneurial economy (i.e., its "failure to provide full employment nd its arbitrary and inequitable distribution of income and wealth) is due to uncertainty about the future.

    Minsky associated his financial fragility analysis as merely an explanation of the "business cycle" where the first stage of finance always was associated with a full employment society.

    1. Professor Davidson,

      It is an honour to have a comment from you. I have read your paper “Setting the Record Straight on ‘A History of Post Keynesian Economics’” (Journal of Post Keynesian Economics 26.2 [2003–2004] 245–272) where you discuss Minsky.

      Nevertheless it is not true to say that Minsky did have some serious criticisms of the neoclassical synthesis?

      I think Vernengo has shown this in his paper:

      Matias Vernengo, “The Return of Vulgar Economics: A Rejoinder to Colander, Holt and Rosser,” Working Paper No: 2011-14.

    2. The social cycles of finance seem to be one of the slower-developing parts of economic theory.

      I think I know why. Financier behavior is driven by a *very small number of people* who run banks, brokerages, etc. Barely enough people to describe large aggregates. The same is arguably true of industrial firm owners/controllers (also a group whose behavior is very poorly described by any form of economics). Group psychology seems to be the best approach to these small groups of people with disproportionate impact on the economy; frankly I think Veblen took this approach.

  8. Imagining history has been relatively active for 2 years now. Its a grad student (me) with stuff on economic history and legal history. I'm at UMass. The blog was linked to by Mankiw Re: the Anti-Mankiw movement.


    Not very active right now as I prepare to go on the job market this year...

  9. You've forgot a BIG one. Yanis Varoufakis. He has a blog as well as twitter.

  10. You left out the biggest of all: - also a great source for others.

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