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Post Keynesian Methodology: Development and Characteristics of Post Keynesianism

Post Keynesian Methodology: Development and Characteristics of Post Keynesianism

Paperback

Business GeneralGeneral Sociology

ISBN10: 364062016X
ISBN13: 9783640620166
Publisher: Grin Verlag
Published: May 14 2010
Pages: 24
Weight: 0.10
Height: 0.06 Width: 5.83 Depth: 8.27
Language: English
Seminar paper from the year 2009 in the subject Business economics - Economic and Social History, grade: A (1,0), Charles University in Prague, language: English, abstract: Keynes' work on methodology was not insignificant. In fact, Keynes' methodological contribution has been neglected generally, being overshadowed by his other work on economic theory and policy analysis. Post Keynesian economics arose out of the failures of neoclassical theory and its insufficient depiction of economic activity. Although Post-Keynesian economists do have many different ideas about the theoretical approach and assumptions compared to neoclassicists, they nevertheless all criticize the same points of the orthodox theory. On the following pages I will talk about the main methodological issues of the Post-Keynesian theory and work out the main differences to the neoclassical approach.

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