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to economic theory and policy. This is the second of two volumes in which authoritative contributions are presented by an …'s theory of investment and necessary compromise / Victoria Chick -- 5. Some elements of a Post Keynesian labour economics … : a non-Bayesian theory of rationality / Anna Carabelli -- 11. The Maastricht Treaty : unemployment, competitiveness and …
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macroeconomic theory. For this purpose, we explicitly present two competing paradigms, the new-Keynesian and the post-Keynesian one …
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The push to pluralise the economic discipline involves making informed decisions about which paradigm to adopt, requiring a deep understanding of each paradigm's characteristics and affiliations. Once paradigmatic choices are made, different theories can either collaborate effectively or require...
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This paper argues that the Stock-Flow Consistent Approach to macroeconomic modeling can be seen as a natural outcome of the path taken by Keynesian macroeconomic thought in the 1960s and 1970s, a theoretical frontier that remained largely unexplored with the end of Keynesian academic hegemony....
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