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Post-Keynesian macroeconomics since the mid-1990s : main developments

Hein, Eckhard - 2017

In this paper the main developments in post-Keynesian macroeconomics since the mid-1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...

Persistent link: https://www.econbiz.de/10011918712

The behavioral economics of John Maynard Keynes

Schettkat, Ronald - 2018

After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo … or reclassified in the neoclassical synthesis. Keynes' General Theory is truly general. It includes the full … recent results in behavioral economics. Keynes' macroeconomics is the result of his microeconomics. Keynes' theory is a …

Persistent link: https://www.econbiz.de/10011929683

An agent-based "proof of principle" for Walrasian macroeconomic theory

Gaffeo, Edoardo; Gallegati, Mauro; Gostoli, Umberto - In: Computational and mathematical organization theory 21 (2015) 2, pp. 150-183

Persistent link: https://www.econbiz.de/10011283230

Reductionism in economics : causality and intentionality in the microfoundations of macroeconomics

Hoover, Kevin D. - 2014 - revised 7 February 2014

In many sciences - physical, but also biology, neuroscience, and other life sciences - one object of reductionism is to purge intentionality from the fundamental basis of both explanations and the explanatory target. The scientifically relevant level - ontologically and epistemologically - is...

Persistent link: https://www.econbiz.de/10011706671

Karl Brunner's philosophy of science : macroeconomics through the lens of logical empiricism

Hoover, Kevin D. - 2018

Best known as a monetary economist and prominent proponent of monetarism, Karl Brunner was deeply knowledgeable about the philosophy of science and attempted to explicitly integrate logical empiricist thinking, derived in some measure from his engagement with the work of the philosopher Hans...

Persistent link: https://www.econbiz.de/10011903527

The Friedman-Lucas Transition in Macroeconomics. A Structuralist Approach. Front Matter : Foreword, Preface, Acknowledgements and Table of Contents

Galbács, Peter - 2020

In an age of scepticism about the relevance of neoclassical economics for today's economic policy, it's easy to argue that what went wrong lay primarily with the discipline's over-reliance on highly idealized theories such as rational choice and rational expectations in applied policy research....

Persistent link: https://www.econbiz.de/10012846417

Keynes' denial of conflict : why The General Theory is a misleading guide to capitalism and stagnation

Palley, Thomas I. - 2023

Keynes' General Theory was a massive step forward relative to classical economics, but it was also a step backward in …

Persistent link: https://www.econbiz.de/10014327477

Keynes, Kalecki, Sraffa : Coherence?

Hart, Neil - 2014

This paper, in honour of John King, addresses the question raised by him in his A History of Post-Keynesian since 1936, reflected in the title. Initial surveys of post-Keynesian economics defined it in term of the Keynesian, Kaleckian and Sraffian strands. However, subsequently, it has become...

Persistent link: https://www.econbiz.de/10013059028

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

The recycling problem in a currency union

Krimpas, G. E. - 2010

oligopoly, may be taken as merely heuristic. -- Keynes ; economic theory ; international payments ; jistory of thought …

Persistent link: https://www.econbiz.de/10003974903