In diesen Tagen jährt sich der Tod von John Maynard Keynes zum 75. Mal. Er war einer der bedeutendsten Ökonomen des 20. Jahrhunderts, wenn nicht gar der bedeutendste überhaupt. Dabei waren seine Lehren und seine Ratschläge schon zu seinen Lebzeiten teilweise heftigst umstritten. Das galt...

This paper presents the family of the Keynes Schumpeter (K S, cf. Dosi et al, 2010, 2013, 2014) evolutionary agent-based models, which study the effects of a rich ensemble of innovation, industrial dynamics and macroeconomic policies on the long-term growth and short-run fluctuations of the...

An understanding of, and an intervention into, the present capitalist reality requires that we put together the insights of Karl Marx on labor, as well as those of Hyman Minsky on finance. The best way to do this is within a longer-term perspective, looking at the different stages through which...

A year after I started this project under the auspices of the Flynn Grant from Georgetown University's Center for German and European Studies it is finally finished, and only then because of the invaluable assistance of numerous kind individuals. In Cologne, Germany, the Institut für...

Orthodox and heterodox theories of financial crises are hereby compared from a theoretical viewpoint, with emphasis on their genesis. The former view (represented by the fourthgeneration models of Paul Krugman) reflects the neoclassical vision whereby turbulence is an exception; the latter...

A year after I started this project under the auspices of the Flynn Grant from Georgetown University's Center for German and European Studies it is finally finished, and only then because of the invaluable assistance of numerous kind individuals. In Cologne, Germany, the Institut für...

Was the Keynesian message alive during the second half of the XXth Century, or was it betrayed by his followers? This article in the fields of the history of economic thought and methodology contrasts the Scientific Research Programmes (SRPs), a Lakatosian concept, of Keynes in The General...

Schumpeter sketched a research program to explain the emergence of business cycles from perennial microeconomic flux. Economists however believe Schumpeterian micro processes are insufficient to generate macro dynamics, and therefore Schumpeterian themes must be appended with Keynesian features...

Both J M Keynes and Adam Smith used very similar ethical, epistemological, philosophical, and economic approaches in their analysis of the conditions that are necessary to maintain a stable, full employment economic system over time. They also agreed upon the nature of the fundamental problem...