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What's Economics Got to Do with It? Providing Theoretical Clarity on ELSA of AI. [PDF]
Sci Eng EthicsRyan M, Blok V.
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Econometric Causality: The Central Role of Thought Experiments. [PDF]
J EconomHeckman J, Pinto R.
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History of Political Economy, 2000
This paper examines and develops the firm-centered price theory of Post Keynesian economics. It takes issue with the traditional interpretation of that theory, arguing that although its prices are cost-based, they are not cost-determined. The distinctiveness and significance of the theory are located elsewhere, in the strategic determination of prices ...
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This paper examines and develops the firm-centered price theory of Post Keynesian economics. It takes issue with the traditional interpretation of that theory, arguing that although its prices are cost-based, they are not cost-determined. The distinctiveness and significance of the theory are located elsewhere, in the strategic determination of prices ...
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Teaching Post Keynesian exchange rate theory [PDF]
Journal of Post Keynesian Economics, 2007 The goal of this paper is to provide a model and method for those wishing to include the Post Keynesian perspective when teaching exchange rate theory. It begins by reviewing neoclassical approaches (purchasing power parity, the monetary model, and the Dornbusch model) and then develops a graphical Post Keynesian model that is based on Keynes's Z-D ...
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Post-Keynesian Theory Revisited
2020With its emphasis on the centrality of fundamental uncertainty and the resulting desire for liquid assets, post-Keynesian economics offers important insights into understanding how modern economies work, placing money and banking at their heart, exactly as any realistic account would do.<br><br>In this advanced introduction, Matteo ...
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Post-Keynesian Theory: Macrodynamics
Challenge, 1978The terms macrodynamics and macrodynamic theory are used by economists today to designate the area of economics that deals with the development of capitalist economies over time. The aim is to describe and explain both business cycles and economic growth patterns in developed market economies. In their early stages, macrodynamic theories were developed
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Market Microstructure and Post Keynesian Theory
Journal of Post Keynesian Economics, 1991(1991). Market Microstructure and Post Keynesian Theory. Journal of Post Keynesian Economics: Vol. 14, No. 2, pp. 233-247.
William M. Taylor, Edward E. Williams
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1999
Frederic Lee sets out the foundations of a post-Keynesian price theory through developing an empirically grounded production schema. The administered, normal cost and mark-up price doctrines are explained in parts I-III of the book, as many of their theoretical arguments are important for developing the foundations. This involves discussing the work of
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Frederic Lee sets out the foundations of a post-Keynesian price theory through developing an empirically grounded production schema. The administered, normal cost and mark-up price doctrines are explained in parts I-III of the book, as many of their theoretical arguments are important for developing the foundations. This involves discussing the work of
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Post-Keynesian Monetary Theory
1999Official postwar Keynesianism largely ignored Keynes’ original emphasis on uncertainty, the capitalist entrepreneur’s ‘animal spirits’ and the psychological elements of money holding. In Britain, where the radical milieu in which Keynes had moved remained much in evidence, it became common practice to differentiate between the economics of Keynes and ...
Makoto Itoh, Costas Lapavitsas
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