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The Post Keynesian Theory of Price
2011Post Keynesianism is a relatively modern school of economic thought, originating in the mid-1970s, and ‘associated with the vision and ideas of the unorthodox Cambridge economists who rose to prominence in the wake of the Keynesian revolution’ (Dunn, 2000, p. 345).
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Journal of economic education, 1983
Kregel provides the reader with an understanding of the evolution and current position of post-Keynesian economics. As in the past, its practitioners seek to explain the level of output and employment and its growth and distribution, recognizing “that money enters into the economic scheme in an essential and peculiar manner.”
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Kregel provides the reader with an understanding of the evolution and current position of post-Keynesian economics. As in the past, its practitioners seek to explain the level of output and employment and its growth and distribution, recognizing “that money enters into the economic scheme in an essential and peculiar manner.”
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On the Post Keynesian Theory of Growth and 'Institutional' Distribution
Review of Political Economy, 2003The neo-Pasinetti model proposed by Nicholas Kaldor in 1966 represents a significant theoretical departure from the canonical Post Keynesian approach to growth and distribution. The most incisive objection to this model, originally raised by Paul Davidson, questions Kaldor's 'valuation theorem', which assigns to the rate of interest the role of ...
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Gendering a post-Keynesian theory of financial crises
Studies in Political Economy / Recherches en économie politique, 2015This paper speculates about the meaningful integration of gender into a post-Keynesian macroeconomic theory of economic crises. It links main themes in feminist and other works with key elements of a post-Keynesian theory of crisis and highlights an important methodological challenge.
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Aspects of a Post Keynesian Theory of Finance
Journal of Post Keynesian Economics, 1998Unlike other postwar interpretations, the Post Keynesian approach starts with a "monetary" theory of production. Keynes introduced this terminology to emphasize the fact that money was not a "veil," but a "real" factor determining production decisions in a modem economy.
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The Neoclassical and a Post Keynesian Theory of Investment
Journal of Post Keynesian Economics, 1992(1992). The Neoclassical and a Post Keynesian Theory of Investment. Journal of Post Keynesian Economics: Vol. 14, No. 4, pp. 425-443.
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The Policy Implications of Post Keynesian Monetary Theory
1986Any theory in reasonable contact with reality carries with it a plan for action—a policy for changing the world along better lines in keeping with its vision. When a theory is devoid of any contact with reality, it has no policy implications (action in the real world not being possible), or, alternatively, if a theory has but a tenuous contact with ...
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Post-Keynesian Theory: The Labor Market
Challenge, 1979The labor aspects of post-Keynesian theory have yet to be systematically developed. Still, as this article will attempt to show, it is possible to combine some widely agreed-upon tenets of post-Keynesian thought, such as the importance of the oligopoly sector, the nature of technology in industrialized countries, and the process of price formation by ...
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Unemployment and Post-Keynesian Monetary Theory
1999Unemployment once again plagues the world economy. Since the beginning of the 1990s, unemployment rates in Europe have averaged close to 10 per cent. Things have become so bad that even Sweden, once proudly boasting unemployment rates consistently below 2 per cent, has watched helplessly while 13 per cent of its labour force cannot find work.
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