ABSTRACT

I met Professor Frederic S. Lee at the University of Missouri–Kansas City (UMKC), while attending the Seventh Post Keynesian Summer School as a PhD candidate in June 2002. After dinners, he would come to the dormitory’s lobby where I and other students were staying and chat with us about Post Keynesian micro- and macro-economic issues for hours. He was so passionate and still highly energetic after long days of lectures that he would scream occasionally to keep us awake! He would lament that many Post Keynesian economists privilege macroeconomic issues such as monetary, fiscal, and trade policies over microeconomic themes of business enterprise, competition, and market governance.