Fazzari, Steven M. - In: Journal of Post Keynesian Economics 32 (2009) 1, pp. 3-18
This paper explores themes suggested by Paul Davidson's 2007 book iJohn Maynard Keynes./i I argue, first, that rejection of the neutrality of money goes beyond nominal rigidity to explain the possibility of insufficient effective demand. Second, I relate Davidson's rejection of the "gross...