John Weeks (economist)

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John Weeks (1941 – 26 July 2020) was an American economist, critic of neoliberal economics and a policy advisor to the Labour party under Jeremy Corbyn.[1]

Life

Weeks was born in

School of Oriental and African Studies of the University of London.[4] His research interests were in theoretical and policy-applied macroeconomics and economic development. Weeks published academic papers, books and policy reports in these areas.[5][6]

Weeks is credited with coining the phrase "quantity theory of competition" to reflect a proposition that more competition in various aspects of the markets (producers, consumers, and workers) will create a more efficient economy.[7]

In August 2015, Weeks endorsed

Labour Party leadership election.[8]

He died on 26 July 2020.[9][10]

Selected works

  • Economics of the 1% (2014)[6]
  • The Irreconcilable Inconsistencies of Neoclassical Macroeconomics: A False Paradigm
  • Capital, Exploitation and Economic Crisis (2011)[6]

See also

References

  1. ^ Mohun, Simon (24 Aug 2020). "John Weeks obituary". The Guardian. Retrieved 14 May 2023.
  2. ^ Mohun, Simon (24 Aug 2020). "John Weeks obituary". The Guardian. Retrieved 14 May 2023.
  3. ^ Mohun, Simon (24 Aug 2020). "John Weeks obituary". The Guardian. Retrieved 14 May 2023.
  4. ^ Mohun, Simon (24 Aug 2020). "John Weeks obituary". The Guardian. Retrieved 14 May 2023.
  5. ^ SOAS staff listing Archived 2019-12-01 at the Wayback Machine Retrieved 14 September 2010
  6. ^ a b c Weeks, John. "Personal page". JWeeks. Archived from the original on 2017-09-22.
  7. . Retrieved 23 November 2013.
  8. ^ "The Labour party stands at a crossroads". The Guardian. 14 August 2015. Retrieved 15 July 2017.
  9. ^ Shankar Nayak, Bhabani (27 July 2020). "Prof John Weeks Humanised Economics as a Discipline". Counter Currents. Retrieved 27 July 2020.
  10. ^ "We are greatly saddened by the death of the brilliant progressive heterodox economist John Weeks on 26 July". Brave New Europe. 27 July 2020. Retrieved 27 July 2020.

Further reading