Introduction

J. E. King
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J. E. King: La Trobe University

Chapter 1 in Conversations with Post Keynesians, 1995, pp 1-14 from Palgrave Macmillan

Abstract: Abstract Like almost all economists of my generation, I was brought up as an uncritical Keynesian in matters of macroeconomics. All the important macro issues seemed to have been settled, apart from the complex and mathematically difficult question of economic growth, and there was no reason to doubt that this would succumb to Keynesian tools in due course. As a student I was, of course, a long way from the frontiers of economic controversy. But at this time – I graduated in 1967 – the really tricky questions appeared to involve microeconomics, bound up especially with the obvious inapplicability of marginalist equilibrium analysis to oligopoly and the many idiosyncrasies of the labour market. Mercifully, macroeconomics contained no such enigmas.

Keywords: Income Distribution; Marginal Productivity; Profit Share; Effective Demand; Keynesian Economic (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1057/9780230378827_1

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