Symposium on the Future of Post-Keynesian Economics and Heterodox Economics contra their Critics (Part 2)

2012 ◽  
Vol 24 (3) ◽  
pp. 449-449
Author(s):  
Marc Lavoie ◽  
Frederic S. Lee
Keyword(s):  
Heterodox Economics ◽  
Keynesian Economics ◽  
The Future

Methodology and Post-Keynesian Economics

2013 ◽  
pp. 79-99 ◽  
Author(s):  
Sheila C. Dow
Keyword(s):  
Open Systems ◽  
Methodological Approach ◽  
Theory Of Knowledge ◽  
Current Debate ◽  
Heterodox Economics ◽  
Keynesian Economics

Post-Keynesian economics can be defined by its particular vision of reality, from which follows its theory of knowledge and its methodology. The chapter develops this argument in general and then seeks to specify how we might classify the particular ontology, epistemology, and methodology of post-Keynesian economics. This involves exploration of such concepts as open systems and pluralism. The chapter explores how these concepts have been used differently in discussions about post-Keynesian economics, and indeed about heterodox economics more generally. In the process, therefore, we consider both the viability of demarcating schools of thought in this way and the advisability or otherwise of doing so. As well as engaging with current debate in these issues, the discussion is tied back to Keynes’s ideas on philosophy and methodology. It is argued that an explicit methodological focus is still necessary to clarify issues of methodological approach within post-Keynesian economics, particularly with respect to issues of the strategy for communication and persuasion.

scholarly journals Debating the Future of Heterodox Economics

2021 ◽  
Vol 55 (3) ◽  
pp. 603-614
Author(s):  
Geoffrey M. Hodgson
Keyword(s):  
Heterodox Economics ◽  
The Future

scholarly journals The Godley-Tobin lecture

2020 ◽  
Vol 8 (1) ◽  
pp. 1-20 ◽  
Author(s):  
Robert Rowthorn
Keyword(s):  
Monetary Policy ◽  
Phillips Curve ◽  
New Keynesian ◽  
Monetary Theory ◽  
Unconventional Monetary Policy ◽  
Heterodox Economics ◽  
Mainstream Economics ◽  
Keynesian Economics ◽  
Degree Of Convergence

This paper surveys some of the main developments in macroeconomics since the anti-Keynesian counter-revolution 40 years ago. It covers both mainstream and heterodox economics. Amongst the topics discussed are: New Keynesian economics, Modern Monetary Theory, expansionary fiscal contraction, unconventional monetary policy, the Phillips curve, hysteresis, and heterodox theories of growth and distribution. The conclusion is that Keynesian economics is alive and well, and that there has been a degree of convergence between heterodox and mainstream economics.

Introduction

2013 ◽  
pp. x-44 ◽  
Author(s):  
G. C. Harcourt ◽  
Peter Kriesler
Keyword(s):  
Economic Theory ◽  
Historical Time ◽  
Keynesian Economics ◽  
The Past ◽  
The Future ◽  
The Difference

This introduction discusses the main themes of post-Keynesian economics and the manner in which they are dealt with by the contributors to the Handbook. In particular, the important aspects of post-Keynesian analysis are identified, and their main critiques of mainstream theory are discussed. According to Joan Robinson, “post-Keynesian has a definite meaning; it applies to an economic theory or method of analysis which takes account of the difference between the future and the past” (1979b, 210). In other words, historical time forms the basis of post-Keynesian analysis, which also stresses the importance of history, uncertainty, society, and institutions in understanding economic phenomena.

Engagement with the Mainstream in the Future of Post Keynesian Economics

2012 ◽  
Vol 24 (3) ◽  
pp. 503-518 ◽  
Author(s):  
Louis-Philippe Rochon ◽  
Peter Docherty
Keyword(s):  
Keynesian Economics ◽  
The Future
Sign in / Sign up

Export Citation Format

Share Document