Post-Keynesian Institutionalism after the Great Recession
Charles J. Whalen
Additional contact information
Charles J. Whalen: Utica College
European Journal of Economics and Economic Policies: Intervention, 2013, vol. 10, issue 1, 12-27
Abstract:
This article surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, against the backdrop of the current context, important research that paved the way for PKI today. Then it sketches essential elements of PKI – drawing heavily on the contributions of Hyman Minsky – and identifies directions for future research. Although there is much room for further development, PKI offers a promising starting point for economics after the Great Recession.
Keywords: Post-Keynesian Institutionalism; institutional economics; post-Keynesian economics; financial instability; money manager capitalism; Hyman Minsky (search for similar items in EconPapers)
JEL-codes: B25 B52 E12 E32 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.elgaronline.com/view/journals/ejeep/10-1/ejeep.2013.01.03.xml (application/pdf)
Restricted access
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:elg:ejeepi:v:10:y:2013:i:1:p12-27
Access Statistics for this article
European Journal of Economics and Economic Policies: Intervention is currently edited by Torsten Niechoj
More articles in European Journal of Economics and Economic Policies: Intervention from Edward Elgar Publishing
Bibliographic data for series maintained by Phillip Thompson ().