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. |
From inside the book
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... United States , with the work of Sidney Weintraub , Hyman Minsky and Paul Davidson , none of whom took any great interest in capital theory . NOTES 1. Piero Sraffa to Joan Robinson , 27 October 1936 , Joan Robinson Papers , vii / Sraffa ...
... United Nations ) between 1946 and 1954. McCarthyism made any serious consideration of Kaleckian economics impossible in the United States before the radical re- vival of the late 1960s and early 1970s that is discussed in Chapter 6 ...
... United States with a vision of economics that owed nothing to Sraffa and very little , if anything , to Keynes . In the late 1990s there were still some highly talented young Post Keynesians in Italy , like the monetary circuit theorist ...
Contents
Introduction | 1 |
First reactions to The General Theory | 12 |
An economist from Poland | 35 |
Copyright | |
13 other sections not shown