Brasília, June 12, 2019

 

Presentation of Prof. Peter Skott

José Luis Oreiro

 

Dear colleagues, students and general public, on the behalf of the Economics Department and the Graduate Program in Economics of the University of Brasília, I have the distinguished honor to present to you Professor Peter Skott, who will deliver the lecture “Post Keynesian Growth Theory: some challenges and controversies”. Peter Skott is currently professor at Economics department of the University of Massachusetts, Amherst. Professor Peter Skott published several papers in scientific journals such as the Economic Journal, Cambridge Journal of Economics, European Journal of Political Economy, Eastern Economic Journal, Journal of Post Keynesian Economics, Metroeconomica, Oxford Economic Papers amongst others.

He is also the associate editor of the Review of Behavior Economics and member of the editorial board of many other journals, including the journal “Economia” published by ANPEC, the Brazilian Association of Graduate Programs in Economics.

His main research interests are macroeconomics and income distribution. Prof. Peter Skott had some significant  contributions to the understanding of the general dynamics of capitalist economies, building analytical models that try to combine the ideas of John Maynard Keynes and Karl Marx in a coherent theoretical framework that shows the cyclical, although not explosive, behavior of capacity utilization, profit share, employment rate and economic growth. His theoretical framework combines in a very creative manner Keynes´s principle of effective demand, Harrod´s principle of acceleration, Marx´s labor reserve army and stock-flow consistent financial relations in models where prices are fully flexible, in a way that no ad-hoc menu-costs assumptions are required for aggregate demand to have effects over output and employment, contrary to the research agenda of the so called “New Keynesian Economics”.

I am sure that all the people that had today the privilege to attend to his lecture at our department will fully enjoy it. Prof. Peter Skott the audience is yours.