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Post-Keynesian economics: a pluralistic alternative to conventional economics

Charles J. Whalen

International Journal of Pluralism and Economics Education, 2016, vol. 7, issue 1, 22-38

Abstract: This article surveys the post-Keynesian alternative to conventional economics and highlights its pluralistic features. The article begins by describing the origins and strands of post-Keynesian economics, and by discussing the school's core presuppositions and some key findings. Then pluralistic features are identified, first by looking at the tradition as a whole and subsequently at the work of one prominent post-Keynesian, Hyman Minsky.

Keywords: post-Keynesian economics; PKE; pluralism; holism; realism; uncertainty; John Maynard Keynes; Hyman P. Minsky; mark-up pricing; aggregate demand; path dependence; pluralistic economics. (search for similar items in EconPapers)
Date: 2016
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