The publication of Keynes' General Theory in 1935 caused a revolution in economics but, as with most revolutions, its meaning has been contested ever since. In particular, two major schools criticizing the common textbook interpretations of Keynes have emerged, the fundamentalist and the reductionist (or Clower-Leijonhufved) factions.
The publication of Keynes' General Theory in 1935 caused a revolution in economics but, as with most revolutions, its meaning has been contested ever ...
There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of emphasis.
There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of cri...
This is an intellectual biography of G.L.S. Shackle, economic theorist, philosopher, and historian of economic theory. It explores how Shackle challenged the aims, methods and assumptions of mainstream economics. He stressed macroeconomic instability, and developed a radically subjectivist theory for behavioural economics and business planning.
This is an intellectual biography of G.L.S. Shackle, economic theorist, philosopher, and historian of economic theory. It explores how Shackle challen...
