Setting the Record Straight on “a History of Post Keynesian Economics”

Paul Davidson

Chapter 19 in Interpreting Keynes for the 21st Century, 2007, pp 227-253 from Palgrave Macmillan

Abstract: Abstract John King has written a powerful, interesting, and useful History of Post Keynesian Economics. King states that although Post Keynesian theory mounted a major challenge to orthodox macroeconomics in the last few decades, it has “ultimately failed to supplant it” (2002, p. 1). The object of this book is to explain (determine?) why Post Keynesianism did not supplant orthodox macroeconomics (p. 1).

Keywords: Financial Market; Aggregate Supply; Noise Trader; Money Wage; Involuntary Unemployment (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230286559_19

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