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13th Path to Full Employment/18th National Unemployment Conference - December 7-8, 2011


Professor L. Randall Wray
Randy is a Senior Research Associate at the Center for Full Employment and Price Stability (CFEPS), Missouri-Kansas City. He is also a visiting Senior Scholar at the Jerome Levy Economics Institute of Bard College.

After receiving a degree in Social Sciences in the late 70's, he went on to receive his masters in economics at Washington University in St Louis., before studying under Hyman P. Minsky to gain his PhD in economics in the 80's. He then taught for more than a decade at the University of Denver and has been a visiting professor at Bard College; the University of Bologna; and the University of Rome (La Sapienza). He is a past president of the Association for Institutionalist Thought (AFIT), and has served on the board of directors of the Association for Evolutionary Economics (AFEE).

His research focus is on monetary theory and policy, macroeconomics, and employment policy. He is currently writing on modern money, the monetary theory of production, social security, and rising incarceration rates (Penal Keynesianism). He is developing policies to promote true full employment, focusing on Hyman P. Minsky's "employer of last resort" proposal as a way to bring low-skilled, prime-age males back into the labour force. With Levy Institute President Dimitri B. Papadimitriou, he is working to publish, or republish, the work of Minsky's, and is using this approach to analyse the current global financial crisis.

Dr John Falzon
John is Chief Executive Officer of the St Vincent de Paul Society National Council of Australia. He has written and spoken widely on the structural causes of marginalisation and inequality in Australia and has long been an advocate for a fairer and more equitable society. John has worked in academia, in research and advocacy with NGOs, and in community development in large public housing estates. He has studied Poetics, Theology, Philosophy, Politics and Social Analysis. He is also a published poet. He was a participant in the 2020 Summit, has served as a member of the ACOSS Board and has also served on Government advisory committees such as the Community Response Task Force and the Energy White Paper High Level Consultative Committee. He is a member of the Australian Social Inclusion Board.

Some of John's recent articles and speeches can be found at St Vincent de Paul - John Falzon

See also: Twitter John Falzon