John Weeks (1941 – 26 July 2020) was an American economist.
Life
Weeks, born in
Austin, Texas
Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson co ...
, was Professor Emeritus at the
School of Oriental and African Studies
SOAS University of London (; the School of Oriental and African Studies) is a public research university in London, England, and a member institution of the federal University of London. Founded in 1916, SOAS is located in the Bloomsbury ar ...
of the
University of London
The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degree ...
. His research interests were in theoretical and policy-applied
macroeconomics
Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole.
For example, using interest rates, taxes, and ...
and
economic development
In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and o ...
. He published academic papers, books and policy reports in these areas.
SOAS staff listing
Retrieved 14 September 2010
He is credited with coining the phrase "quantity theory of competition" to reflect a proposition that more competition in various aspects of the markets (producers, consumers, and workers) will create a more efficient economy.
In August 2015, Weeks endorsed Jeremy Corbyn
Jeremy Bernard Corbyn (; born 26 May 1949) is a British politician who served as Leader of the Opposition and Leader of the Labour Party from 2015 to 2020. On the political left of the Labour Party, Corbyn describes himself as a socialist ...
's campaign
Campaign or The Campaign may refer to:
Types of campaigns
* Campaign, in agriculture, the period during which sugar beets are harvested and processed
*Advertising campaign, a series of advertisement messages that share a single idea and theme
* Bl ...
in the Labour Party leadership election.
He died on 26 July 2020.
Selected works
*''Economics of the 1%'' (2014)
*''Capital, Exploitation and Economic Crisis'' (2011)
References
Further reading
The Economics of the 1%
3-part interview, ''The real news network
The Real News Network (TRNN) is an independent, nonprofit news organization based in Baltimore, MD that covers both national and international news.
History
TRNN was founded by documentary producer Paul Jay and Mishuk Munier in September 2 ...
''
Free Markets: Yellow Brick Road to War
''Naked Capitalism
Naked Capitalism is an American financial news and analysis blog that "chronicles the large scale, concerted campaign to reduce the bargaining power and pay of ordinary workers relative to investors and elite technocrats".
Susan Webber, the princ ...
''
21st-century American economists
Academics of SOAS University of London
American development economists
1941 births
2020 deaths
Writers from Austin, Texas
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