Keynes, Kalecki, Sraffa: Coherence?

Neil Hart and Peter Kriesler
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Neil Hart: Industrial Relations Research Centre, the University of New South Wales

No 2014-06, Discussion Papers from School of Economics, The University of New South Wales

Abstract: This paper, in honour of John King, addresses the question raised by him in his A History of Post-Keynesian since 1936, reflected in the title. Initial surveys of post-Keynesian economics defined it in term of the Keynesian, Kaleckian and Sraffian strands. However, subsequently, it has become less clear that the Sraffian stream should be included under the ‘broad church’ known as post-Keynesian economics. Serious and irreconcilable methodological differences exist between Sraffians and post-Keynesians about the validity of comparisons of long-run equilibrium positions, the role of historical time and the importance of uncertainty.

Keywords: Keynes; post-Keynesians; Sraffians; methodology; path determinacy; traverse (search for similar items in EconPapers)
JEL-codes: B2 B41 B5 D4 D5 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2014-01
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-pke
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Citations: View citations in EconPapers (2)

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