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
Results 1-3 of 49
... accumulation . ' When accumulation fails to reach this rate there is growth of long - period unemployment ' ( ibid . , p . 84 ) . In Chapter 9 Robinson allowed for technical progress , but on the very restrictive assumptions that there ...
... Accumulation ' , contained an illustration of the relation between actual and desired accumula- tion in the form of ... accumulation . Above D accumulation is too fast to satisfy firms ' profit requirements , and they will tend to scale ...
... accumulation going on through time with a changing factor ratio . To discuss accumulation we must look through the eyes of the man of deeds , taking decisions about the future , while to account for what has been accumulated we must ...
Contents
Introduction | 1 |
First reactions to The General Theory | 12 |
An economist from Poland | 35 |
Copyright | |
13 other sections not shown