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The dismal state of macroeconomics and the opportunity for a new beginning
Wray, L. Randall - 2011
) coming. Obviously, the answer is complex, but it must include reference to the evolution of macroeconomic theory over the … leave out the parallel developments in finance theory - with its efficient markets hypothesis - and in approaches to … 12 and 17 of the General Theory. It essentially reduced Keynes to sticky wages and prices, with nonneutral money only in …
Persistent link: https://www.econbiz.de/10008906589
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The crisis in macro and the limitations of the economics of Keynes : or why the master will not return unless his general theory is dressed up in neo-modern clothes
Togati, Teodoro Dario - In: Keynes's general theory for today : contemporary …, (pp. 40-59). 2012
Persistent link: https://www.econbiz.de/10009698061
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Aspects of a new conceptual integration of Keynes's treatise on money and the general theory : logical time units and macroeconomic price economic
Seccareccia, Mario - In: Money, credit, and the role of the state : essays in …, (pp. 285-310). 2004
Persistent link: https://www.econbiz.de/10002173322
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Getting rid of Keynes? : a reflection on the recent history of macroeconomics
De Vroey, Michel - In: Keynes's general theory after seventy years, (pp. 157-196). 2010
Persistent link: https://www.econbiz.de/10003955022
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Understanding Keynes : an analysis of "The general theory"
Fender, John - 1981
Persistent link: https://www.econbiz.de/10000555315
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The Wicksell-Keynes connection : dynamic analysis, loanable funds, and wage flexibility
Amadeo, Edward J.; Dutt, Amitava Krishna - 1991
Persistent link: https://www.econbiz.de/10000129845
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Revisiting (and connecting) Marglin-Bhaduri and Minsky : an SFC look at financialization and profit-led growth
Santos, Claudio Hamilton Matos dos; Silva, Antonio … - 2009
Many heterodox strands of thought share both a concern with the study of different phases or growth regimes in the history of capitalism and the use of formal short-run models as an analytical tool. This text suggests that: (1) this strategy is potentially misleading; (2) that the stock-flow...
Persistent link: https://www.econbiz.de/10003859971
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On the (in-)stability and the endogeneity of the "normal" rate of capacity utilisation in a Post-Keynesian/Kaleckian "monetary" distribution and growth model
Hein, Eckhard - In: Distribution, development and prices critical perspectives, (pp. 129-150). 2006
Persistent link: https://www.econbiz.de/10003675384
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Prosperity for all : how to prevent financial crises
Farmer, Roger E. A. - 2017
suggestions of "New Keynesian" scholars who propose standard modifications to select assumptions of Keynes' General Theory. But … future ones-macroeconomic theory must become attuned to present-day conditions. Governments need to intervene in asset …
Persistent link: https://www.econbiz.de/10011456049
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Limits to exhilarationism : revisiting Kaldorian dynamics
Raghavendra, S. - 2005
Persistent link: https://www.econbiz.de/10003182798