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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... social and institutional factors ( Rothschild , 1959 ) . Rothschild was sceptical of the relevance of the Kaldorian macrodistribution models dis- cussed in Chapter 3. He claimed that both the investment - income ratio and the savings ...
... social economists , and even if we take the added risk of crossing disciplinary boundaries - economic sociologists and political economy spec- ialists in departments of political science . The cordial and mutually supportive relations ...
... Social Credit 151 Social economists 135 , 222 Social structure of accumulation 154 Socialism 49-50 , 118 , 141 , 147 , 218 see also Marxian economics ; radical economics Sociology of economics profession 132 , 136-7 , 240-6 Söderstrom ...
Contents
Introduction | 1 |
First reactions to The General Theory | 12 |
An economist from Poland | 35 |
Copyright | |
13 other sections not shown