production embraced by heterodox traditions linked to Marx, Veblen, and Keynes. This paper examines and integrates (1) recent … contributions by David Graeber and Duncan Foley that reinterpret Marx's labor theory of value, (2) the interpretation of Keynes …'s liquidity preference theory as a theory of asset pricing that began with Sraffa and was further developed by Minsky and Kregel …

(Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to …

working paper recommends John Maynard Keynes's "clearing union" as a blueprint for reform of the international financial … architecture that could address emerging market grievances more effectively than current approaches. Keynes's proposal for the …

This paper first examines two approaches to money adopted by Keynes in the General Theory (GT). The first is the more … ISLM version as well as Friedman's monetarism. Indeed, even Post Keynesians utilizing Keynes's "finance motive" or the … "horizontal" money supply curve adopt similar methodology. The second approach of the GT is presented in Chapter 17, where Keynes …

distribution function. This paper considers critiques of the above models, which include Keynes's Treatise on Probability (1921 …

This paper follows the methodology developed by J. M. Keynes in his How to Pay for the War pamphlet to estimate the … voluntary saving. Following Keynes, we recommend deferred consumption as our first choice should inflation pressures arise. We …

This paper revisits Keynes's (1930) essay titled "The economic possibilities for our grandchildren." We discuss the … three broader trends identified by Keynes that he expected would come to characterize the socio-economic evolution of …