Two-circuit Economics – Resources
Below is a limited select list of resources on two-circuit economics.
Resources with ** are freely available online.
Primary sources
The seminal texts on two-circuit economics were written in the 1930s and early 1940s as a response to the Great Depression (1929-1939). The texts only became available in the 1980s and were then published in the late 1990s.
Bernard Lonergan [1942-1944]1998, For a New Political Economy, (Collected Works of Bernard Lonergan Volume 21) University of Toronto Press [available as ebook and paperback from UTP or Amazon Australia]
Bernard Lonergan 1999, Macroeconomic Dynamics: An Essay in Circulation Analysis (Collected Works of Bernard Lonergan Volume 15) University of Toronto Press [available as ebook and paperback from UTP or Amazon Australia]
Introductory secondary sources
Terrance Quinn and John Benton 2023 Economics Actually: Today and Tomorrow. Sustainable and Inclusive (Second edition), Island House Press, Toronto (138pp) [available as Kindle and paperback on Amazon Australia]
**Do You Want a Sane Global Economy? 2010, ed. Philip McShane, Divyadaan: Journal of Philosophy and Education 21 (2), Nashik, India, (the link is to the Journal of Macrodynamic Analysis 2018, Vol.11 where it was republished)
Michael Shute 2010 “Two Fundamental Notions of Economic Science”, The Lonergan Review, 2(1) pp.95-106 DOI:10.5840/lonerganreview2010218
**James Duffy 2018 “Minding the Economy of Campo Real“, Divyadaan: Journal of Philosphy & Education, 29(1) pp.1-24
**Paul St.Amour 2013 An Introduction to Lonergan’s Macroeconomic Theory, Marquette University Lonergan Colloquium (29pp)
Frederick G Lawrence 1999 “Editors’ Introduction” in Bernard Lonergan 1999, Macroeconomic Dynamics: An Essay in Circulation Analysis (Collected Works of Bernard Lonergan Volume 15) University of Toronto Press, pp.xxv-lxxii [also available as ebook and paperback from UTP or Amazon Australia]
Frederick G Lawrence 2007 “Between Capitalism and Marxism: Introducing Lonergan’s Economics“, Revista Portuguesa de Filosofia, 63(4), pp.941–959
Philip McShane 2010 Sane Economics and Fusionism, Axial Publishing, Vancouver
Philip McShane 2014 Piketty’s Plight and the Global Future: Economics for Dummies, Axial Publishing, Vancouver (71pp) [Available as a Kindle book and paperback on Amazon Australia]
Philip McShane 2016 Profit: The Stupid View of President Donald Trump, Axial Publishing, Vancouver (160pp) [Available as Kindle book and paperback on Amazon Australia]
**Robert Henman 2024 “A Brief Introduction to Bernard Lonergan’s Economics as a Science“, London Journal of Research in Management & Business, 24(6), pp.78–86
Videos
**John Benton and Terrance Quinn 2024 Understanding Two-flow Economics – Economics Actually (YouTube) (55 minutes)
**Philip McShane 2000 Fordham Lectures on Economics (YouTube) – a series of 13 lectures (13 – 31 minutes)
Websites
**John Benton and Terrance Quinn website: bentonfuturology.com/
**Philip McShane website – Economics’ New Standard Model
**Philip McShane website – Æcornomics
Advanced secondary sources
Terrance Quinn 2023 Advances in Heuristics of Two-Circuit Economics, Island House Press (220pp) [available as Kindle and paperback on Amazon Australia]
Terrance Quinn 2023 “An Emergent Transdisciplinary Methodology for Effective Collaboration in Ecological Economics”, Sustainability, 15(9), p.7522, DOI:10.3390/su15097522
Terrance Quinn 2021 “Lonergan’s Contribution to Ecological Economics”, Ecology, Economy and Society–the INSEE Journal, 4(1), p.45–58, doi:10.37773/ees.v4i1.297
Terrance Quinn 2019 “Anatomy of Economic Activity: There are Two Main Flows”, American Review of Political Economy 13(1) (Papers and Proceedings of 2018 ICAPE Conference) DOI: 10.38024/arpe.157
Terrance Quinn 2022 “On the Operative Presence of Eight Tasks in Economics” Method: Journal of Lonergan Studies, n.s. 13(2) pp.39-72.
Michael Shute 2010 Lonergan’s Discovery of the Science of Economics, University of Toronto Press (320pp) [available as ebook and hardcover on UTP and as hardcover on Amazon Australia]
Bruce Anderson and Phillip McShane 2002 Beyond Establishment Economics: No Thank-you Mankiw Axial Press, Halifax (277pp)
Philip McShane 2017 Economics for Everyone: Das Jus Kapital, (3rd Edition) Axial Publishing, Vancouver (184pp) [Paperback available on Amazon Australia]
**Philip McShane 2017 Interpretation 18: Interpreting Wages Accountings I // Interpretation 19: Interpreting Wages Accountings II // Interpretation 20: Interpreting Wages Accountings III
**Philip McShane Economics’ New Standard Model
**Philip McShane Teaching High School Economics. A Common-Quest Manifesto
**Philip McShane 2019 “Finding an Effective Economist: A Central Theological Challenge” in Religious Faith Seeding the Positive Anthropocene Age, Divyadaan: Journal of Philosophy and Education, 30(1) pp.97-128.
**James Duffy 2021 “Fratelli Tutti and Colorful Fruit to Be Borne” Divyadaan: Journal of Philosophy & Education, 32(2-3) pp. 203–222
Peter Burley 1989 “A von Neumann Representation of Lonergan’s Production Model”, Economic Systems Research, 1(3), pp.317–330, doi:10.1080/09535318900000021
Peter Burley 1992 “Evolutionary von Neumann models”, Journal of Evolutionary Economics, 2(4), pp.269–280, doi:10.1007/BF01200126
Peter Burley 1997 “Lonergan, Economics, and Moral Theology“, Method: Journal of Lonergan Studies, 15(1), pp.51–56
Peter Burley & Laszlo Csapo 1992 “Money Information in Lonergan–von Neumann Systems”, Economic Systems Research, 4(2), p.133–142, doi:10.1080/09535319200000012
Peter Burley 1993 “A Summary of the Economic Diagram”, in William J Danaher (ed.) Australian Lonergan Workshop, University Press of America, Lanham, pp.3–11