A history of post-Keynesian economics |
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Authors: | Kerr Prue |
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Institution: | * Honorary Research Fellow of the Discipline of English, Communication and Cultural Studies, School of Social and Cultural Studies, University of Western Australia |
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Abstract: | John King, in his A History of Post Keynesian Economics Since1936, raises the question of whether there exists a body ofwork which can be called, collectively, post Keynesian. Thispaper presents some criteria for addressing this question, beginningwith the vision and the origins of some of the post-Keynesianideas, leading to an examination of certain features of thevarious groups, including their methodology and their approachesto uncertainty, their pricing theories and their growth theories.It is concluded that, although there is much diversity in thevarious groups, they are reconcilable when seen as referringto different aspects of the economic process and at differinglevels of abstraction. |
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Keywords: | Kalecki Keynes King Robinson Sraffa growth methodology pricing |
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