A History of Post Keynesian Economics Since 1936This is a unique, comprehensive and international history of the post Keynesian approach to economics since 1936. The author locates the origins of post Keynesian economics in the conflicting initial interpretations of Keynes's General Theory and in the complementary work of Michal Kalecki. The book begins by focusing on Cambridge Growth, Distribution and Capital theory and early post Keynesian thought in the US. The failure of post Keynesian theory to supplant the neo-classical paradigm in the 1970s is also discussed, along with an overview of post Keynesian thinking in other countries. The book then deals with the search for coherence between various strands of post Keynesian thought and other schools of economic thought. The author concludes by assessing the progress made by post Keynesian economics since 1936 and considers several possible alternative futures for the post Keynesians. Historians of economic thought as well as post Keynesian and other heterodox economists will warmly welcome A History of Post Keynesian Economics. |
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... Kaleckian economics , a synthetic account could certainly be assembled from his many essays . Joan Robinson made several such attempts , formal and informal ( Robinson , 1966 , 1971b , 1977a ; Bhaduri and Robinson , 1980 ) . Soon after ...
... Kaleckian criticism of the Sraffians remained relatively undeveloped . Halevi and Kriesler ( 1991 ) provided an important exception . They , too , denied the relevance of a uniform rate of profit on the grounds that in a modern ...
... Kaleckian economics . The first was his insistence that fundamental uncertainty and money contracts must be core features of any realistic analysis ; they were much less prominent in Kalecki . The second was political . The Kaleckians ...
Contents
Introduction | 1 |
First reactions to The General Theory | 12 |
An economist from Poland | 35 |
Copyright | |
13 other sections not shown