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The future of Post Keynesian economics

Giuseppe Fontana and Bill Gerrard ()
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Bill Gerrard: University of Leeds, Leeds (Great Britain)

BNL Quarterly Review, 2006, vol. 59, issue 236, 49-80

Abstract: This paper assesses the current state of Post Keynesian economics and attempts to outline a strategy for its future development. It is argued that Post Keynesianeconomists have concentrated in recent years on the important pre-analytical task of searching for a sound methodological foundation upon which to develop analytical contributions to the development of economic theory and practice. It is then suggested that the future of Post Keynesian economics lies in the substantive task of constructing more general, encompassing understandings of economic behaviour that extend the applicability of existing economic theory to non-allocative modes of behaviour.

Keywords: Post; Keynesian (search for similar items in EconPapers)
JEL-codes: B22 E12 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (8)

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