Post Keynesian Methodology

Development and Characteristics of Post Keynesianism

Nonfiction, Social & Cultural Studies, Social Science
Cover of the book Post Keynesian Methodology by Kant Tatjana, GRIN Publishing
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Author: Kant Tatjana ISBN: 9783640620371
Publisher: GRIN Publishing Publication: May 11, 2010
Imprint: GRIN Publishing Language: English
Author: Kant Tatjana
ISBN: 9783640620371
Publisher: GRIN Publishing
Publication: May 11, 2010
Imprint: GRIN Publishing
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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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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