In Defence of Post Keynesian Economics: A Response to Mongiovi

Louise Davidson

Chapter 26 in Uncertainty, International Money, Employment and Theory, 1999, pp 361-378 from Palgrave Macmillan

Abstract: Abstract ‘In economics you cannot convict your opponent of error — you can only convince him of it. And, even if you are right, you cannot convince him … if his head is already so filled with contrary notions that he cannot catch the clues to your thought which you trying to throw to him’. These words were written by Keynes in an early draft of his General Theory. They correctly describe the position of Post Keynesians in responding to the criticisms that Mongiovi has developed from his unquestioning faith in classical theory. Mongiovi’s head is already so filled with Sraffian-neoRicardian classical notions that he has failed to grasp any of clues embedded in the explicit writings of Keynes in The General Theory or in other Post Keynesian writings including those listed in Mongiovi’s references.

Keywords: Real Wage; Monetary Authority; Liquid Asset; Aggregate Supply; Producible Commodity (search for similar items in EconPapers)
Date: 1999
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14991-9_26

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349149919

DOI: 10.1007/978-1-349-14991-9_26

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().