Leisure is not a typical theme of analysis in Post Keynesian economics. The analysis of leisure, however, provides an opportunity to critique mainstream economic analysis as well as contributes toward our understanding of an important facet of modern economies. This paper provides an empirical...

This paper revisits an early econometric debate on pricing dynamics using modern time-series econometric techniques. This debate is a particularly interesting case because it is the only occasion in which excess demand and nonmainstream pricing hypotheses, emphasized in Post Keynesian economics,...