The Classics, Keynes and the Keynesian Mainstream

Brendan Sheehan
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Brendan Sheehan: Leeds Metropolitan University

Chapter 13 in Understanding Keynes’ General Theory, 2009, pp 266-278 from Palgrave Macmillan

Abstract: Abstract This final chapter will assess the contention set out in Chapter 1 that an orthodox counter-revolution has effectively smothered Keynes’ more profound, but discomforting, insights. Consequently Keynes’ hope of revolutionising the way we think about economic problems and policies has failed. If true, this is a damning indictment of mainstream Keynesianism.

Keywords: Monetary Policy; Money Supply; Wage Rigidity; Effective Demand; Money Wage (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23285-3_13

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DOI: 10.1057/9780230232853_13

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