Christopher Bliss (Professorial Fellow) has continued to work on economic growth, convergence and non-convergence. Journals have been particularly slow in processing some papers, so this work is not yet reflected in publications. Central to the approach is a new general equilibrium model. This shows that the theoretical presumption that the per capita incomes of similar economies will tend to converge in the long run is false precisely when the capital markets of those economies are perfectly integrated.
A paper with Rafael di Tella on corruption will be published shortly. Bliss is currently extending this model to provide a more general treatment of the important and under-researched topic of the economic causes and effects of corruption. A model of the effect on the British economy of the abolition of the Corn Laws, to appear in print shortly, is being generalized via computer simulation.
Publications
‘Economics of the Environment’, in Avner Offer (ed.), In Pursuit of the Quality of Life. Oxford: Oxford University Press, 1996.
‘Mr. Keynes and the Anti-Neoclassics’, in Phillip Arestis, Gabriel Palma and Malcolm Sawyer, (eds.), Capital Controversy, Post-Keynesian Economics and the History of Economics, Essays in Honour of Geoff Harcourt, Vol. 1. London: Routledge, 1997.