Kahn on the economics of the short period

O'Shaughnessy, Terry

doi:10.1093/oxfordjournals.cje.a035260

Cited by 5 publications

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“…More specifically, his economic policies shaped the postwar global economy. By 1950, he was "the world's most celebrated economist" (Moss and Schumpeter 1996). Despite earning worldwide recognition and a place in history with the publication of his The Economic Consequences of the Peace, John Maynard Keynes achieved even greater fame with The General Theory of Employment, Interest and Money (Keynes 1919/2005, 1936/1964Dimand 2019).…”

Section: Introductionmentioning

confidence: 99%

Keynesianism: Origins, Principles, and Keynes’s Debate with Hayek

Boccalatte¹,

Bowden²

2020

The Palgrave Handbook of Management History

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The son of a Cambridge economist and a student of Alfred Marshall, Keynes was raised to believe in the benefits of market forces and competition. Yet, Keynes went on to become the great exponent of state intervention in the economy. In arguing in favor of state intervention, however, Keynes also contended that the profit-motive provided "social and psychological justification for significant inequalities of income and wealth." A paradoxical figure, Keynes lived a life of wealth and privilege while always showing concern for the social effects of capitalism. In exploring Keynes's ideas, we trace his intellectual development from his first public work The Economic Consequences of the Peace through to his seminal work The General Theory of Employment Interest and Money. In doing so, we also explore how Keynes's work stimulated a powerful anti-Keynesian tradition through the rebuttals penned by Friedrich August Hayek,

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Section: Introductionmentioning

confidence: 99%

Keynesianism: Origins, Principles, and Keynes’s Debate with Hayek

Boccalatte¹,

Bowden²

2020

The Palgrave Handbook of Management History

View full text Add to dashboard Cite

show abstract

Keynesianism: Origins, Principles, and Keynes’s Debate with Hayek

Boccalatte

Bowden

2020

The Palgrave Handbook of Management History

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A heterodox teaching of neoclassical microeconomic theory

Lee

2010

IJPEE

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In this article, I advocate a different way to teach neoclassical microeconomic theory to graduate students in heterodox programs that accomplishes the goals of providing them with a critical and 'technical' understanding of neoclassical theory as well as a critical awareness of how heterodox microeconomic theory is organised, structured, and different. In this way, it is possible to calm the fears of many heterodox economists that the complete dismissal of neoclassical microeconomic theory is not a nihilistic endeavour, but a connected prelude to delineating a heterodox microeconomic theory. It is done by teaching microeconomic theory as a critical historical discourse, or more precisely a historical story, that deals with its evolution and its theoretical and empirical shortcomings that place the theory in the incoherent state that it is in today.

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Kahn on the economics of the short period

Cited by 5 publications

References 0 publications

Keynesianism: Origins, Principles, and Keynes’s Debate with Hayek

Keynesianism: Origins, Principles, and Keynes’s Debate with Hayek

Keynesianism: Origins, Principles, and Keynes’s Debate with Hayek

A heterodox teaching of neoclassical microeconomic theory

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