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The reincarnation of Keynesian economics [PDF]
This paper discusses the reemergence of Keynesian economics during the past decade. It highlights the substantial differences between new Keynesian economics and the convictions of early Keynesians. In particular, it points out that new Keynesians have adopted many views that were once considered "monetarist" or "classical." It concludes that the term "
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This essay asks whether we are all becoming Keynesians again. It offers some thoughts about the impact of the financial crisis on macroeconomic theory and Keynesian theory, and on post-Keynesian theory in particular.
Marc Lavoie
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Renouveler la macroéconomie postkeynésienne ? Les modèles stock-flux cohérent et multi-agents
The 16th issue of the Regulation review renews the opportunity of an exchange on the post Keynesian current approach (cf. n°10), especially on post Keynesian macroeconomic modeling.
Mickaël Clévenot, Edwin Le Héron
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"The General Theory of Employment, Interest and Money" J. M. Keynes: Background, Methodology and Specific Interpretations [PDF]
The paper was prepared for the 80-th anniversary of publishing of John Maynard Keynes’ “General Theory of Employment, Interest and Money”. It discusses the stages of the economist’s life, the main books written prior to "The General Theory ...
Nureev Rustem, M.
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KEYNESIAN CONSIDERATIONS IN THE POST-NEOLIBERAL ERA [PDF]
Based on the fact that the present financial and economic crisis is at the same time a crisis of contemporary economic thinking, this paper aims to interpret the collapse of mainstream economics from a Keynesian point of view.
Cărămidariu Dan-Adrian
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Franco Modigliani and oligopoly
Modigliani became interested in Keynes's General Theory even before knowing anything about economics. After becoming a professional economist, through his research both theoretical and applied, his teaching, his policy recommendations to fight mass ...
Paolo Sylos Labini
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MR. CARVALHO AND THE POST-KEYNESIANS: SCHOLAR, THEORIST, WRITER
Fernando Cardim de Carvalho’s monumental intellectual legacy encompasses many elements - his teaching, his mentoring, his scholarship, and his policy activism. This essay explores Cardim’s contributions to Post-Keynesian economics through the lens of his
Gary Dymski
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L’économie post-keynésienne, une pensée hétérodoxe méconnue ?
This article deals with post-Keynesian theory, which is one of the heterodox schools of thought in economics. We first list the main features of heterodox schools of thought, and then list the specific features of post-Keynesian economics.
Marc Lavoie, Mario Seccareccia
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Historical Review of Macroeconomic Theories [PDF]
In this paper, attention is made to study the foundations, patterns, assumptions, logics and hypothesis of macro-economic studies. Also, we try to search the causes of delay in the emergence of macro-economics in relation to micro-economics.
Abbas Shakeri
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Income distribution in a monetary economy
In a monetary economy capital is a fund. This idea is captured by the circuit of capital. We define a circuit for fixed capital and argue that it is closed when the fund that initiates it is recovered in a present value sense.
Nazim Kadri Ekinci
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