Sheila Dow is Emeritus Professor of Economics at the University of Stirling, Scotland, Adjunct Professor of Economics at the University of Victoria, Canada, and a member of the Academic Council of INET. Her main academic focus is on raising methodological awareness in the fields of macroeconomics, money and banking, and the history of economic thought (especially Hume, Smith and Keynes). While her career has primarily been in academia, she has held positions with the Bank of England and the Government of Manitoba, and as special advisor on monetary policy to the UK Treasury Select Committee. She has held positions such as Chair of INEM and co-editor of Economic Thought and is currently a member of the Academic Advisory Board of the ISRF. Recent books include Foundations for New Economic Thinking (Palgrave Macmillan 2012), and co-edited volumes The General Theory and Keynes for the 21st Century (Edward Elgar, 2018) and Money, Method and Post-Keynesian Economics for the 21st Century (Edward Elgar, 2018).
By this expert
The purpose of the paper is to argue for attention to be paid, not only to choice of theory, but also to choice of theoretical approach, in order to address issues posed by the crisis.