Resources for the new economics
Seminal texts
The seminal texts on the new economics were written in the 1930s and early 1940s as a response to the Great Depression (1929-1939). The texts only became available in the 1980s and were then published in the late 1990s.
- Bernard Lonergan, For a New Political Economy, Volume 21, Collected Works of Bernard Lonergan, University of Toronto Press, [1942-1944]1998, 336 pages
- Bernard Lonergan, Macroeconomic Dynamics: An Essay in Circulation Analysis, Volume 15, Collected Works of Bernard Lonergan, University of Toronto Press, 1999, 368 pages
In addition to the posts/publications on this website, other useful material for exploring this new economics and its development are:
- John Benton and Terrance Quinn, Understanding Two-flow Economics – Economics Actually YouTube video, 2024 (55 minutes)
- Terrance Quinn, Advances in Heuristics of Two-Circuit Economics, Island House Press, Toronto, 2023, 220 pages
- Terrance Quinn and John Benton, Economics Actually: Today and Tomorrow. Sustainable and Inclusive, (Second edition) Island House Press, Toronto, 2023
- Philip McShane, Economics for Everyone: Das Jus Kapital, Axial Publishing, 3rd edition, 2017, 184 pages
- Michael Shute, Lonergan’s Discovery of the Science of Economics, University of Toronto Press, Toronto, 2024, 320 pages
- Michael Shute, Two Fundamental Notions of Economic Science, The Lonergan Review, Volume 2, pp.95-106, 2010
- Michael Shute, Real Economic Variables, Divyadaan: Journal of Philosophy and Education, 21(2) pp.183-194, 2010
- Paul St.Amour, An Introduction to Lonergan’s Macroeconomic Theory, Marquette University Lonergan Colloquium, February 28, 2013
- Frederick G Lawrence “Editor’s introduction” in Macroeconomic Dynamics: An Essay in Circulation Analysis, Volume 15, Collected Works of Bernard Lonergan, edited by F G Lawrence, P H Byrne and C C Hefling, University of Toronto Press, Toronto, 1999
- Philip McShane, Economics’ New Standard Model
- Philip McShane, Teaching High School Economics. A Common-Quest Manifesto
- Philip McShane website – Fordham University Lectures on economics (2000); Economics’ New Standard Model;
- Philip McShane, Piketty’s Plight and the Global Future, Axial Publishing, 2014
- Philip McShane, Profit: The Stupid View of President Donald Trump, Axial Publishing, 2016