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Journal of Post Keynesian Economics
Founding Co-Editor: Sidney Weintraub,
Founding Co-Editor: Paul Davidson, New School University (DavidsP1@newschool.edu )

The Journal of Post Keynesian Economics is a scholarly journal of innovative theoretical and empirical work that sheds fresh light on contemporary economic problems. It is committed to the principle that cumulative development of economic theory is only possible when the theory is continuously subjected to scrutiny in terms of its ability both to explain the real world and to provide a reliable guide to public policy.

"The topics of articles in this journal pose answers to troublesome questions. ... This journal is important because of the subject matter it covers." -Magazines for Libraries

The Journal of Post Keynesian Economics is now available in the JSTOR Archive as part of the Arts & Sciences VI and Business II Collections.

Abstracting and Indexing: The articles in this journal are indexed/abstracted in Current Contents/Social and Behavioral Sciences; Econlit, e-JEL, JEL on CD; International Bibliography of Periodical Literature on the Humanities and Social Sciences (IBZ); International Bibliography of the Social Sciences; Journal Citation Reports/Social Sciences Edition; ProQuest Database; RePEc; Scopus; Social Sciences Citation Index; Social Scisearch; Wilson Social Sciences Index.

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ISSN:	Current volume:	Frequency Per Year:
0160-3477	Vol. 32 (Fall 2009 - Summer 2010)	4

U.S. Individual Subscription Rate: $115.00
U.S. Institutional Subscription Rate: $410.00
Foreign Individual Subscription Rate: $143.00
Foreign Institutional Subscription Rate: $470.00

Editorial Board Academic Board: G.C. Harcourt, Cambridge University; A.O. Hirschman, Institute for Advanced Study; Walter Isard, Cornell University; Luigi Pasinetti, Universita Cattolica del Sacro Cuore; Lord Robert Skidelsky, University of Warwick; Lester C. Thurow, Massachusetts Institute of Technology; Banking, Business, and Public Affairs: Bruno Foa, Northamerica Equity Holdings, Inc.; Jonas H. Haralz, Landsbanki (Iceland); Warren Mosler, Finance; William Musham, Business; Rt. Hon. Lord Roll KCMG, S.G. Warburg & Co. Ltd; Stuart M. Speiser, Attorney; Managing Board of Editors: Eileen Appelbaum; Philip Arestis; H. Sonmez Atesoglu; Ronald G. Bodkin; Lars Calmfors; D.R. Fusfeld; Wynne Godley; David M. Jones; D.W. Katzner; Jan A. Kregel; Fred Lee; Basil J. Moore; Toshio Ogata; Wallace C. Peterson; Alessandro Roncaglia; J. Barkley Rosser, Jr.; Roy Rotheim; Warren J. Samuels; Malcolm Sawyer; Nina Shapiro; Myron E. Sharpe; Eugene Smolensky; A. Thirlwall

Table of Contents
Summer 2010
Vol. 32 No. 04

The global financial crisis and a new capitalism?

Luiz Carlos Bresser-Pereira	499
Are conventions solutions to uncertainty? contrasting visions of social coordination

John Latsis, Guillemette de Larquier, and Franck Bessis	535
Keynes's uncertainty is not about white or black swans

Andrea Terzi	559
Black swans and Knight's epistemological uncertainty: are these concepts also underlying behavioral and post-Walrasian theory?

Paul Davidson	567
Liquidity traps or Minsky crises: a critical review of the recent U.S. recession and Japan's Heisei recession in the 1990s

Peter C.Y. Chow and Kevin R. Foster	571
Federal Reserve policy and the recession of 1937-1938: let's not ignore Telser's analysis

Robert F. Stauffer	591
Institutional economics and the concept of equilibrium

Katia Caldari	601
Back to the future: Latin America's current development strategy

Esteban Pérez Caldentey and Matías Vernengo	623
On the relation between currency depreciation and domestic investment

Mohsen Bahmani-Oskooee and Massomeh Hajilee	645
Editor's Corner: Making dollars and sense of the U.S. government debt

Paul Davidson	661
Index to Volume 32

	667

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