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2017
Post-Keynesian Economics (PKE) has developed a distinct growth theory and distinguishes between wage-led and profit-led demand regimes. It argues that: financial markets are prone to instability and will, if left on their own, lead to boom-bust cycles; money is created by banks as a side effect of their lending decisions; involuntary unemployment is a ...
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Post-Keynesian Economics (PKE) has developed a distinct growth theory and distinguishes between wage-led and profit-led demand regimes. It argues that: financial markets are prone to instability and will, if left on their own, lead to boom-bust cycles; money is created by banks as a side effect of their lending decisions; involuntary unemployment is a ...
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Post-Keynesian economics and Marxian economics
2023Abstract: The intellectual origins of Marxian economics differ in a significant degree from Keynes’s contributions. Moreover, a researcher has to take into account that both Karl Marx and John Maynard Keynes were not exclusively economists. Both scholars took intensive courses in philosophy during their formative years.
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An Introduction to Post Keynesian Economics
The American Economist, 2016Post Keynesian economics is based on the economics of John Maynard Keynes. Unlike Keynesianism, it does not rely on rigidities or imperfections to explain less-than-full employment, a condition that they argue is the rule rather than the exception.
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Progressive post-Keynesian economics for the future: an introduction
Contrary to what many mainstream macroeconomists seem to think, modern, globally interdependent economies, financially as well as otherwise, can be hit hard by economic downturns. That is the lesson learnt from the years of the Great Recession and the Covid-19 pandemic. Macroeconomics is not just about supply-side aspects.Jesper Jespersen +2 more
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A history of post-Keynesian economics
Cambridge Journal of Economics, 2005John King, in his A History of Post Keynesian Economics Since 1936, raises the question of whether there exists a body of work which can be called, collectively, post Keynesian. This paper presents some criteria for addressing this question, beginning with the vision and the origins of some of the post-Keynesian ideas, leading to an examination of ...
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Marxism and Post-Keynesian Economics
History of Economics Review, 1992The thesis presented here runs as follows: Post-Keynesian economics has contributed to identify within the framework of the theory of effective demand, the conditions of sectoral disproportionalities on which a significant part of Marxian theories of accumulation and crisis are based.
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Post-Keynesian Economic Theory
1995Preface W.J. Samuels. 1. Liquidity preference in international finance: the case of developing countries S.C. Dow. 2. Post Keynesian developments of liquidity preference theory F.J. Cardim de Carvalho. 3. Firm-determined prices: The post Keynesian conception N. Shapiro, T. Mott. 4. The monetary and the real: Sectoral interdependence and market outcomes
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Post-Keynesian Economics for the Future
This timely book provides 15 chapters of cutting-edge academic work related to Post-Keynesian economics for the future. This includes stock-flow consistent modelling and analyses of the key challenges associated with the economic policies of sustainability.openaire +3 more sources
On the coherence of post-Keynesian economics
Scottish Journal of Political Economy, 1997Recently the claim that post-Keynesianism represents a coherent alternative to orthodox/neoclassical theory has regained favour with many leading post-Keynesians. The purpose of this paper is to consider the basis for any such claim that post-Keynesianism is a coherent alternative.
Walters, Bernard, Young, David
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