This paper aims at interpreting some of the many simplifying assumptions adopted by Keynes to explain, in the iGeneral Theory/i, liquidity preference, interest rate, portfolio decisions, and volume of investment. It is suggested that Keynes emphasized a ipartial and particular/i model that...

This work argues that institutionally rich stock-flow consistent models--i.e. models in which economic agents are identified with the main social categories/institutional sectors of actual capitalist economies, the short-period behaviour of these agents is thoroughly described, and the 'period...

Original articles by leading scholars of post Keynesian economics make up this authoritative collection. Current topics of the greatest interest are covered, such as: perspectives on current economic policy; post Keynesian approaches to monetary theory and policy; economic development, growth...