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Mittwoch, 18. Juli 2018
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State and perspectives of post-Keynesian economics – views of a non-methodologist
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State and perspectives of post-Keynesian economics – views of a non-methodologist

22 pages · 3.52 EUR
(November 2014)

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In this contribution I will make an attempt to systematically present my views on the issue in order to convince Jan that there is a perspective for post-Keynesian economics – or at least to start another round of discussions. In Section 2, I will define heterodox and post-Keynesian economics as alternatives to mainstream orthodox economics. Section 3 will deal with the different strands of post-Keynesian economics, their commonalities and the general implications for post-Keynesian macroeconomics and macroeconomic policies. In Section 4, I will take a broader perspective and summarise what has been achieved regarding the establishment of post-Keynesianism as an alternative school of thought. And in the final Section 5, I will present my views on the perspectives and tasks for the future. Before I begin, a note of caution is at place: I am not a trained methodologist, and the considerations below are rather those of a post-Keynesian macroeconomist doing theoretical, applied and, hopefully, politically relevant work. My references to the methodological debates around the coherence of the post-Keynesian research programme and its relationship with orthodox or mainstream economics will therefore be highly selective and subjective and do not claim to be comprehensive at all.

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Der Autor
Prof. Dr. Eckhard Hein
Eckhard Hein

Hochschule für Wirtschaft und Recht Berlin, Mitherausgeber der „Schriftenreihe des Forschungsnetzwerks Makroökonomie und Makropolitik (FMM)“ und der Zeitschrift „Intervention. European Journal of Economics and Economic Policies“.

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