Marc Lavoie is Professor in the Department of ¸£Àûµ¼º½s at the University of Ottawa, where he has taught for 35 years. He is also a Research Fellow at the Macroeconomic Research Institute of the Hans Böckler Foundation in Düsseldorf and a Research Associate at the Broadbent Institute in Toronto. Lavoie has published close to 200 articles or book chapters in a wide variety of fields, in particular macroeconomics and monetary economics. With Wynne Godley he has written Monetary ¸£Àûµ¼º½s: An Integrated Approach to Money, Income, Production and Wealth (2007) and with Mario Seccareccia, he has authored the Canadian edition of the Baumol and Blinder first-year textbook (2009). He has recently edited Wage-led Growth: An Equitable Strategy for ¸£Àûµ¼º½ Recovery (2013, with E. Stockhammer), which deals with the effects of rising income inequality and the drift towards lower wage shares, and also In Defense of Post-Keynesian and Heterodox ¸£Àûµ¼º½s (2013, with F. Lee). His latest work is Post-Keynesian ¸£Àûµ¼º½s: New Foundations (2014), which is an exhaustive account of post-Keynesian economic analysis.
Marc Lavoie

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The Unfairness of Housing Purchases Through Time

Amid the ongoing research interest in questions of inequality, it is important to examine the question of access to housing — and how that has changed over the decades. The specific question I have sought to answer, here, is whether the real cost (measured against income) of buying the average home has risen.
​Understanding the Great Recession

Some fundamental Keynesian and Post-Keynesian insights, with an analysis of possible mechanisms to achieve a sustained recovery.
Understanding the Great Recession
Some Fundamental Keynesian and Post-Keynesian Insights, with an Analysis of Possible Mechanisms to Achieve a Sustained Recovery
What Even Famous Mainstream Economists Miss ¸£Àûµ¼º½ the Cambridge Capital Controversies
Non-mainstream economists are disputing neoclassical ideas about capital.