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Post-Keynesian Economics – A User's Guide
Hart, Neil - 2015
This paper provides a brief introduction to post-Keynesian economics. Post-Keynesians are sceptical of the usefulness of the equilibrium method, and favour an approach based on path-determined models with, due to the influence of uncertainty on economic decisions, an important role assigned to...
Persistent link: https://www.econbiz.de/10013021720
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Keynes, Kalecki, Sraffa : Coherence?
Hart, Neil - 2014
' known as post-Keynesian economics. Serious and irreconcilable methodological differences exist between Sraffians and post …
Persistent link: https://www.econbiz.de/10013059028
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Keynes's theories of money and banking in the Treatise and The General Theory
Smithin, John - In: Review of Keynesian Economics 1 (2013) 2, pp. 242-256
and in the current era, and discusses the view that J.M. Keynes took on each of them in the Treatise on Money and The …
Persistent link: https://www.econbiz.de/10010711805
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"Outside Money: The Advantages of Owning the Magic Porridge Pot"
Wray, L. Randall - Levy Economics Institute - 2014
Over the past two decades there has been a revival of Georg Friedrich Knapp's "state money" approach, also known as chartalism. The modern version has come to be called Modern Money Theory. Much of the recent research has delved into three main areas: mining previous work, applying the theory to...
Persistent link: https://www.econbiz.de/10011098370
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The incommensurability, incompatibility and incomparability of Keynes's and Walrasian economics
Heise, Arne - 2021
Keynes's revolutionary ideas exposed in the General Theory have been 'lost in translation'. This brief note is an attempt to … reconcile Pernecky and Wojick's claim that Keynes's new economics of the General Theory and Walrasian General Equilibrium are …'s appraisal of Keynes's paradigm as a better approximation to the 'real world' than Walsrasian General Equilibrum is inconsistent …
Persistent link: https://www.econbiz.de/10012416693
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Outside money: The advantages of owning the magic porridge pot
Wray, L. Randall - 2014
Over the past two decades there has been a revival of Georg Friedrich Knapp's "state money" approach, also known as chartalism. The modern version has come to be called Modern Money Theory. Much of the recent research has delved into three main areas: mining previous work, applying the theory to...
Persistent link: https://www.econbiz.de/10010513039
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Outside money : the advantages of owning the magic porridge pot
Wray, L. Randall - 2014
Over the past two decades there has been a revival of Georg Friedrich Knapp's "state money" approach, also known as chartalism. The modern version has come to be called Modern Money Theory. Much of the recent research has delved into three main areas: mining previous work, applying the theory to...
Persistent link: https://www.econbiz.de/10010441082
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The incommensurability, incompatibility and incomparability of Keynes's and Walrasian economics
Heise, Arne - 2021
Keynes’s revolutionary ideas exposed in the General Theory have been ‘lost in translation’. This brief note is an attempt to … reconcile Pernecky and Wojick’s claim that Keynes’s new economics of the General Theory and Walrasian General Equilibrium are …’s appraisal of Keynes’s paradigm as a better approximation to the ‘real world’ than Walsrasian General Equilibrum is inconsistent …
Persistent link: https://www.econbiz.de/10012416106
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The incommensurability of Keynes’s and Walrasian economics and the unsuccessful escape from old ideas
Heise, Arne - In: Economic thought 10 (2021) 2, pp. 12-19
Keynes’s revolutionary ideas exposed in the General Theory have been "lost in translation". This brief note is an attempt to … reconcile Pernecky and Wojick’s claim that Keynes’s new economics of the General Theory and Walrasian General Equilibrium are …’s appraisal of Keynes’s paradigm as a better approximation to the ‘real world’ than Walsrasian General Equilibrium is inconsistent …
Persistent link: https://www.econbiz.de/10013173052
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A brief note concerning Hayek's non-standard conception of knowledge
Scheall, Scott - 2018
Whatever F.A. Hayek meant by "knowledge" could not have been the justified true belief conception common in the Western intellectual tradition from at least the time of Plato onward. In this brief note, I aim to uncover and succinctly state Hayek's unique definition of knowledge.
Persistent link: https://www.econbiz.de/10011951715