Moving On: Where To?

Axel Leijonhufvud

Chapter Chapter 5 in Keynes for the Twenty-First Century, 2008, pp 89-100 from Palgrave Macmillan

Abstract: Abstract The General Theory of Employment, Interest and Money was published seventy years ago. That is at least three or four intellectual generations ago. (I am not sure how to count in this context!) When I wrote about Keynes forty years ago, I did not expect to have much of an audience; to a graduate student in the 1960s, the origin of Keynesian economics seemed already a dated topic. It was a surprise to find that the profession was not tired of the debate. Since then, the Keynes literature has grown enormously. Today, the economics profession at large is tired of it. Those of us who carry on with it are talking only to each other. And that is an aging audience with not that many up-and-coming members.

Keywords: General Equilibrium; High Inflation; Spot Market; Dynamic Stochastic General Equilibrium; Keynesian Economic (search for similar items in EconPapers)
Date: 2008
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DOI: 10.1057/9780230611139_6

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