Knowledge@ASB - How a Post-Keynesian Economist Became a Poster Boy for Controversy
Channel: UNSW Community
Date: 08/02/2012

One of Australia's most eminent economists, Geoff Harcourt, became a pin-up boy for students of economic theory in the late 1960s when he laid bare an argument that raged between British and US economists. His seminal article, Some Cambridge Controversies in the Theory of Capital, also caused international controversy. And Harcourt has continued to rock conservative thinkers and espouse challenging new economic concepts since. Recognised globally for his contributions to post-Keynesian economics, Harcourt, at 80, remains keen to debate. Now a visiting professorial fellow at the Australian School of Business, he says he would still prefer a first-class attack on his theories "than a third-rate agreement".