Duncan K. Foley

(1942-06-15) June 15, 1942

Classical economics, Marxian economics, Keynesian economics, Neo-Ricardian economics, Neoclassical economics, Alternatives to capitalism

Yale University (Ph.D., Economics, 1966; National Science Foundation Grant Fellowship)
Swarthmore College (B.A. Mathematics, 1964; Phi Beta Kappa)

Personal life[edit]

Foley was born in Columbus, OH. He is married with one son, and is of Quaker descent.

2015 Leontief Award, Global Development And Environment Institute, Tufts University

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2013 Social Fairness and Economics: Essays in the Spirit of Duncan Foley

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Barnard College of Columbia University, 2009[10]

Gildersleeve Lecturer

Schumpeter Lectures, University of Graz, 2001

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International Who’s Who of Economics

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Ford Foundation Faculty Research Professor, 1969-70

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2010 , Journal of Economic Behavior and Organization 75

"What's wrong with the fundamental existence and welfare theorems?"

2009, “The economic fundamentals of global warming” in Jonathan M. Harris and Neva R. Goodwin (eds.), Edward Elgar Publishing

Twenty-first Century Macroeconomics: Responding to the Climate Challenge

2008, . Cambridge MA: Harvard University Press

Adam’s Fallacy: A Guide to Economic Theology

2003, , London: Routledge

Unholy Trinity: Labor, Capital, and Land in the New Economy

1999, co-author with Thomas R. Michl , Cambridge MA: Harvard University Press (Japanese trans., 2002)

Growth and Distribution

1998, co-editor (and contributor) with Peter S. Albin, , Princeton: Princeton University Press

Barriers and Bounds to Rationality: Essays on Economic Complexity and Dynamics in Interactive Systems

1994, Journal of Economic Theory 62:2

"A Statistical Equilibrium Theory of Markets,"

1990, Social Research 57:3

"Recent Developments in Economic Theory,"

1986, , Cambridge MA: Harvard University Press (Japanese trans., 1988; Italian trans., 1994)

Understanding Capital: Marx's Economic Theory

1986, , London/New York: Harwood Academic (Japanese trans., 1988; Italian trans., 1994)

Money, Accumulation and Crisis

1982, "The Value of Money, the Value of Labor Power, and the Marxian Transformation Problem". Review of Radical Political Economics. 14 (2): 37–46. 1982. :10.1177/048661348201400204. S2CID 154598942.

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1971, co-author with Miguel Sidrauski, , New York: Macmillan (Japanese trans., 1974)

Monetary and Fiscal Policy in a Growing Economy

1967, , Econometrica, 38:1, pp. 66–72

"Lindahl's Solution and the Core of an Economy with Public Goods"

1967, "Resource allocation and the public sector," Yale Economic Essays 7:1, pp. 45–98

Several working papers are also available here.

Capital accumulation

Temporal single-system interpretation

On the Principles of Political Economy and Taxation