Author Archives: pilkingtonphil

About pilkingtonphil

Philip Pilkington is a London-based economist and member of the Political Economy Research Group (PERG) at Kingston University. You can follow him on Twitter at @pilkingtonphil.

Why the Pollsters Totally Failed to Call a Trump Victory, Why I (Sort Of) Succeeded – and Why You Should Listen to Neither of Us

The views expressed in this article are the author’s own and do not reflect the views of his employer.   The election of Donald Trump as president of the United States will likely go down in history for any number … Continue reading

Posted in Uncategorized | 3 Comments

Achtung! My Book is Coming Out Soon: Here Is a Brief Overview and Some Media Links

  Hi everyone – or, at least, whoever is left out there. As you probably know, this blog has been shut down since October 2014 and I have pretty much fallen off the face of the planet. Actually I’ve been … Continue reading

Posted in Uncategorized | 24 Comments

The International Labour Organisation… Almost Correct

I have an article up on Al Jazeera this week. It may be the last journalistic article I write for some time as I start a new job next week. But this one deserves some brief discussion because the material … Continue reading

Posted in Economic Policy, Economic Theory | 15 Comments

The Economic Consequences of the Overthrow of the Natural Rate of Interest

For quite a few months I have, on this blog, been alluding to a paper that I had written which showed that the natural rate of interest is implicitly dependent on the EMH in its strong-form in order to be … Continue reading

Posted in Economic Policy, Economic Theory | 24 Comments

Noah Smith Fumbles Argument, Endorses Post-Keynesian Endogenous Money Theory

Economists say the darnedest things sometimes. They often say things that are factually inaccurate. Noah Smith put his foot in it recently when he claimed in a Bloomberg article: It seems like the only people who don’t instinctively believe in … Continue reading

Posted in Economic Theory | 3 Comments

Keynes’ Theory of the Business Cycle as Measured Against the 2008 Recession

In this post I will explore Keynes’ theory of the business cycle. He discusses his views in Chapter 22 of the General Theory and I think they hold up pretty well today. At the beginning of the chapter he notes … Continue reading

Posted in Economic Theory | 17 Comments

On the Two Departments of Monetary Macroeconomics

At the moment I am doing some research for a project that I might be working on soon. The project will be to provide a useable introduction to Post-Keynesian theory for those working in financial markets. Actually, I hope to … Continue reading

Posted in Economic Theory | 3 Comments