Description

Book Synopsis
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.

Trade Review
'Professors Dutt and Amadeo have produced a book that will serve as a useful introduction to some difficult and very confusing terrain in modern economics, namely, post Keynesian and neo-Ricardian economics.' -- Ali Al-Nowaihi, The Times Higher Education Supplement

Keynes’s Third Alternative: The Neo-Ricardian

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    A Hardback by Amitava K. Dutt, Edward J. Amadeo

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      View other formats and editions of Keynes’s Third Alternative: The Neo-Ricardian by Amitava K. Dutt

      Publisher: Edward Elgar Publishing Ltd
      Publication Date: 01/01/1990
      ISBN13: 9781852783549, 978-1852783549
      ISBN10: 1852783540
      Also in:
      Economic theory and philosophy

      Description

      Book Synopsis
      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.

      Trade Review
      'Professors Dutt and Amadeo have produced a book that will serve as a useful introduction to some difficult and very confusing terrain in modern economics, namely, post Keynesian and neo-Ricardian economics.' -- Ali Al-Nowaihi, The Times Higher Education Supplement

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