Introduction

As an undergraduate I studied psychology and social sciences—but no economics, which probably gave me an advantage when I finally did come to economics. I began my economics career in my late 20s studying mostly Institutionalist and Marxist approaches while working for the local and state governments in Sacramento. However, I did carefully read Keynes's General Theory at Sacramento State and one of my professors—John Henry—pushed me to go to St. Louis to study with Hyman Minsky, the greatest Post-Keynesian economist. As I pursued my PhD, I focused on Post-Keynesian economics, integrating this with the Institutionalist and Marxist approaches I had studied earlier.
I wrote my dissertation in Bologna under Minsky's direction (but ...

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