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 62
... less than the price of existing capital goods , which in turn depends on their expected earnings and on the rate of interest . ' The rate of interest is thus an extremely important influence upon investment . ' It is determined by the ...
... less rapidly in France than in many other European countries . One consequence is that a considerable degree of theoretical diversity has been maintained . There are still , for example , well - established heterodox schools of thought ...
... less so of the unions , with Thomas Palley ( 1998 ) at the AFL / CIO , for example , and Jim Stanford ( 1999 ) at the Canadian Auto Workers Union . ( Trade unions , of course , count for a great deal less than they once used to . ) In ...
Contents
Introduction | 1 |
First reactions to The General Theory | 12 |
An economist from Poland | 35 |
Copyright | |
13 other sections not shown