James Crotty (economist)

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James Crotty is an American Post-Keynesian macroeconomist whose research in theory and policy attempts to integrate the complementary analytical strengths of the Marxian and Keynesian traditions. He has made contributions to the social structure of accumulation (SSA) theory; the implications of radical uncertainty for macro theory and theories of financial markets.


James Crotty received his Ph.D. from Carnegie Mellon University in 1973, and after teaching at the University at Buffalo, The State University of New York for a while joined the Economics Department of the University of Massachusetts Amherst, Amherst. Recently, Crotty has focused on the political economy of Korea and continues his research on the structure and performance of the global neoliberal economy, the impact of neoliberal globalization on developed and developing economies.


His heterodox analysis of and approach to current economic issues at the global and U.S. scale have provided a dissenting voice in a world heavily dominated by neo-classical and neo-liberal economics. His writings have appeared in social science journals such as Monthly Review, the American Economic Review, the Review of Radical Political Economy, the Cambridge Journal of Economics, the Quarterly Journal of Economics, the Journal of Economic Literature, the Journal of Post Keynesian Economics, the Journal of Economic Issues, and in many edited collections.

He now teaches at UMass Amherst.

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