John Weeks (economist) facts for kids
This page is about the economist. For Massachusetts congressman, U.S. Senator and Secretary of War, see John W. Weeks.
John Weeks (1941 – 26 July 2020) was an American economist.
Life
Weeks, born in Austin, Texas, was Professor Emeritus at the School of Oriental and African Studies of the University of London. His research interests were in theoretical and policy-applied macroeconomics and economic development. He published academic papers, books and policy reports in these areas.
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's campaign 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)
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