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New economics, paradigm shifts and the lack of philosophical foundations in economics or: is the future of economics heterodox?
Heise, Arne - 2024
The article discusses the ongoing debate about a potential paradigm shift in eco-nomics. Institutions like the … Institute for New Economic Thinking, the New Economics Foundation, and the Forum New Economy have been established to foster new … economic theory. Instead, they represent swings within the dominant paradigm, such as the rise of behavioural or Schumpeterian …
Persistent link: https://www.econbiz.de/10015081064
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Keynes’s Concept of Uncertainty Has Absolutely Nothing to Do with the Post Keynesian or Heterodox (J. Robinson, G. L. S. Shackle, P. Davidson, R. Skidelsky, R. O’Donnell) Concept o...
Brady, Michael Emmett - 2021
anything Keynes was talking about in either the A Treatise on Probability or General Theory. Keynes only realized this only …
Persistent link: https://www.econbiz.de/10013242857
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A rejoinder to O'Donnell's critique of the ergodic/nonergodic explanation of Keyne's concept of uncertainty
Davidson, Paul - In: Journal of post-Keynesian economics : JPKE 38 (2015) 1, pp. 1-18
Persistent link: https://www.econbiz.de/10011482283
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Creativity, probability and uncertainty
Wilson, Matthew C. - In: The journal of economic methodology 16 (2009) 1, pp. 45-56
Persistent link: https://www.econbiz.de/10003841802
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Keynes, knight, and fundamental uncertainty : a double centenary 1921-2021
Dimand, Robert W. - In: Review of political economy 33 (2021) 4, pp. 570-584
Persistent link: https://www.econbiz.de/10012626787
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Does Schumpeter need Keynes?
Veetil, Vipin P. - 2018
within Schumpeter's business cycle theory. This paper motivates a new class of models in which micro flux generates macro …
Persistent link: https://www.econbiz.de/10012936039
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Between Pigou and Keynes : Champernowne on Employment and Expectations
Boianovsky, Mauro - 2018
The paper investigates Champernowne's 1936 attempt to sort out the debate between Pigou (1933) and Keynes (1936) about employment determination. Champernowne agreed with Keynes that workers can only bargain for a money-wage, but argued that, to the extent that workers' (adaptive) price...
Persistent link: https://www.econbiz.de/10012931910
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Between Pigou and Keynes : champernowne on employment and expectations
Boianovsky, Mauro - 2017
The paper investigates Champernowne's 1936 attempt to sort out the debate between Pigou (1933) and Keynes (1936) about employment determination. Champernowne agreed with Keynes that workers can only bargain for a money-wage, but argued that, to the extent that workers' (adaptive) price...
Persistent link: https://www.econbiz.de/10011760014
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Smith and Keynes on Wage Units (Smith E Keynes Sobre as Unidades De Salario)
Amado, Adriana - 2004
The paper analyses Adam Smith's labour commanded value theory and proceeds with a comparison between this theory and … detailed analyses of the elements that originate the differences between those authors as for the monetary theory and which are …
Persistent link: https://www.econbiz.de/10014073935