Peter Howitt – a Keynesian still in Recovery*

David Laidler

The European Journal of the History of Economic Thought, 2024, vol. 31, issue 2, 186-203

Abstract: Peter Howitt is best known for his contributions to growth theory, but his work in short-run economics, which began with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium tradition of Robert Clower and Axel Leijonhufvud, and for a long time has been overshadowed by New-classical and New-Keynesian orthodoxy. However, the development of agent based modelling and behavioural economics is perhaps giving disequilibrium macroeconomics a new lease on life.

Date: 2024
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DOI: 10.1080/09672567.2023.2248310

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