A History of Post Keynesian Economics Since 1936
By: J. E. King (author)Hardback
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This is an 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' "General Theory" and in the complementary work of Michael Kalecki. The book begins by focusing on Cambridge Growth, Distribution and Capital theory and early post Keynesian thought in the USA. The failure of post-Keynesian theory to supplant the neo-classical paradigm inthe 1970s is also discussed, alongwith 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.
First reactions to "The GeneralTheory"; an economist from Poland; generalizing "The General Theory"; those Cambridge controversies; outside Cambrdge - the first US pos-Keynesians; against the mainstream - post-Keynesian economics in the 1970; economic heresy around the world; money and the monetarists; uncertainty, expectations and method; Keynes, Kalecki, Sraffa 0 coherence; post-Keynesians and other deviants; a promise that bounced?
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- ID: 9781840644203
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