Keynes vs. the Post Keynesians on the Principle of Effective Demand.
The American Post Keynesians - those who attach importance to the capital 'P' and the absence of a hyphen between 'post' and 'Keynesian'- claim to be Keynes' most literal interpreters or the 'truest' Keynesians (Holt et al. 1998: 17). This paper compares the Post Keynesian interpretation of the Prin...
| Publicado en: | European Journal of the History of Economic Thought Vol. 14; no. 4; pp. 725 - 740 |
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| Formato: | Artículo |
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Taylor & Francis Ltd
Dec2007
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=27794938&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 27794938 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 09672567 5B6 jtl: European Journal of the History of Economic Thought issn: 09672567 maglogo: N pubinfo: dt: Dec2007 vid: 14 iid: 4 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 27794938 10.1080/09672560701695554 ppf: 725 ppct: 15 formats: tig: atl: Keynes vs. the Post Keynesians on the Principle of Effective Demand. aug: au: Hartwig, Jochen su: Keynesian economics Economic demand Economic policy Demand function Consumption (Economics) Supply & demand Production (Economic theory) Schools of economics Economics sug: subj: Keynesian economics Economic demand Economic policy Demand function Consumption (Economics) Supply & demand Production (Economic theory) Schools of economics Economics keyword: D/Z-model Effective demand Post Keynesianism ab: The American Post Keynesians - those who attach importance to the capital 'P' and the absence of a hyphen between 'post' and 'Keynesian'- claim to be Keynes' most literal interpreters or the 'truest' Keynesians (Holt et al. 1998: 17). This paper compares the Post Keynesian interpretation of the Principle of Effective Demand, i.e. the D/Z-model, with Keynes' own presentation in chapter 3 of the General Theory- and finds substantial differences. A re-interpretation of the D/Z-model is offered that would bring it into line with chapter 3. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 2007 holdings: @attributes: islocal: N |
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