Proceedings from a June 2000 conference held in Knoxville, Tennessee, bringing together an international group of about 90 participants from universities, government agencies, and think tanks. Twelve of the 67 papers from the conference were selected for publication in this text, examining key economic problems and new policies for a contemporary global economy. Topics include development problems in Brazil, the quest by developing nations for an export-lead growth strategy, the constraint of balance-of-payments on Mexico's long-term growth, racial/ethnic disparity and economic development, decreasing economic growth in the U. S., the problem of a lack of effective demand, and Spanish unemployment and profitability since 1980. For academics and policy-makers in economics, banking, and financial markets. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Davidson did not originally choose economics as a profession. His primary training was in chemistry, for which he got a BSc from the University of Pennsylvania. In 1951 he worked in that same university as an instructor in physiology and chemistry. He soon switched to economics, receiving his MBA from the City University of New York in 1955, and completing his PhD at the University of Pennsylvania in 1959.
He has taught economics at University of Pennsylvania, Rutgers University, Bristol University, University of Cambridge, and the University of Tennessee. He is a Visiting Scholar at the Schwartz Center For Economic Policy Analysis at the New School for Social Research and is currently an Emeritus Holly Professor of Excellence at the University of Tennessee, Knoxville. He is especially known for promoting a Post Keynesian school of macroeconomics. He and Sidney Weintraub founded the Journal of Post Keynesian Economics in 1978. He is the Editor of the Journal of Post Keynesian Economics.