Description

This important new book - the first of its kind - provides a detailed analysis and critical appraisal of the neo-Ricardian Keynesians and the post Keynesians. After placing them in the context of modern schools of macroeconomics, it discusses their contributions including the neo-Ricardian synthesis of Sraffa's ideas on the heterogeneity of capital goods and Keynes's ideas on effective demand, and the post Keyensian analysis of the role of historical time, money and uncertainty in Keynes's work. In conclusion, it suggests a synthesis of their views which could be seen as a starting point for an important challenge to mainstream economics.

Keynes’s Third Alternative: The Neo-Ricardian Keynesians and the Post Keynesians

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Hardback by Amitava K. Dutt , Edward J. Amadeo

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This important new book - the first of its kind - provides a detailed analysis and critical appraisal of the... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 01/01/1990
    ISBN13: 9781852783549, 978-1852783549
    ISBN10: 1852783540

    Number of Pages: 208

    Non Fiction , Business, Finance & Law

    Description

    This important new book - the first of its kind - provides a detailed analysis and critical appraisal of the neo-Ricardian Keynesians and the post Keynesians. After placing them in the context of modern schools of macroeconomics, it discusses their contributions including the neo-Ricardian synthesis of Sraffa's ideas on the heterogeneity of capital goods and Keynes's ideas on effective demand, and the post Keyensian analysis of the role of historical time, money and uncertainty in Keynes's work. In conclusion, it suggests a synthesis of their views which could be seen as a starting point for an important challenge to mainstream economics.

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