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James Devine

Department of Economics
Loyola Marymount University
7900 Loyola Blvd.
Los Angeles, CA 90045-8410 

phone: 310/338-2948
FAX: 310/338-1950 (off)

E-mail: jdevine@lmu.edu

Some written material available on-line:

1. Here’s a recent talk that I gave on the state of the economy.

2. The paper that was the basis for the talk I presented at the URPE@ASSA convention in New Orleans on January 7, 2001 on the encouragement of stagflation by falling profit rates. Here's the hand-out that I gave out and one graph that summarizes my thesis very well. The presentation is a development of the paper that I recently had published during 2000 ("Rising Profits and Falling Inflation: An Empirical Study," Review of Radical Political Economics, 32(3), 2000: 398-407).

Here's a related paper that examines the connection between the alleged recent speed-up of productivity growth and the seeming fall in the NAIRU (the rate of unemployment below which inflation is theorized to get worse).

3. An article published in Politics and Society (June 2000):

The Positive Political Economy of Individualism and Collectivism:  Hobbes, Locke, and Rousseau

4. Historical articles:

Origins of the Great Depression (1994) -- an annotated version of the one published in Research in Political Economy.

A Short Article on the Depression (1999)

5. Articles on current events, prognosticating about the future:

A New Depressing Article (1/99)

A Talk about Current Events (3/99)

The Goldilocks Economy and the 3 Bears (2/00)

The Three Bears Redux! (3/00)

6. On recent increases in income inequality:

My January 1999 talk at the ASSA (1/99)

A Critique of Paul Krugman on Globalization and Wage Disparities (3/99, updated)

A Note on Recent Profitability (2/99)

7. Miscellaneous notes:

A Review of Jared Diamond's Guns, Germs, and Steel.

A handout from my Econ. 120 course on the false crisis of Social Security. (2/2000)

Notes on Overinvestment

Labor Market Segmentation

The Marxian "Labor Theory of Value"


Other Relevant Material:

My curriculum vitae (resumé).

A list of some current research topics.

Other Pages:

More On Dr. James Devine

Papers Available On-Line

Latest Teaching News

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Fields of Research & Teaching:
Political Economy
Intermediate Macroeconomics
Money and Banking
US Economic History
Labor Economics
Utopian Novels


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Last modified: May 10, 2001. Created by: James Devine - jdevine@lmu.edu