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Unwarping the record: a reply to Paul Davidson

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  • J.E. KING

Abstract

This is a reply to Paul Davidson's review, in the winter 2003-4 issue of JPKE, of my book, A History of Post Keynesian Economics Since 1936. After attempting to clear up some minor misunderstandings, I criticize Davidson's characterization of Marx and Sraffa as "classical economists," of Kalecki as an "imperfectionist," and of Minsky and Eichner as "mainstream Keynesians." Hicks, however, should be regarded as a New Keynesian rather than a Post Keynesian. Davidson and I also differ on more fundamental questions concerning the degree of coherence that is required in macroeconomic theory and on the related issue of whether Post Keynesianism should be a small tent or a large one.

Suggested Citation

  • J.E. King, 2005. "Unwarping the record: a reply to Paul Davidson," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 27(3), pages 377-384.
  • Handle: RePEc:mes:postke:v:27:y:2005:i:3:p:377-384
    DOI: 10.1080/01603477.2005.11051454
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    Cited by:

    1. J. E. King, 2012. "Post Keynesians and Others," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 305-319, April.
    2. Kemp-Benedict, Eric, 2014. "The inverted pyramid: A neo-Ricardian view on the economy–environment relationship," Ecological Economics, Elsevier, vol. 107(C), pages 230-241.
    3. Thomas Goda, 2013. "The role of income inequality in crisis theories and in the subprime crisis," Working Papers PKWP1305, Post Keynesian Economics Study Group (PKSG).
    4. Thomas Goda, 2017. "A comparative review of the role of income inequality in economic crisis theories and its contribution to the financial crisis of 2007-2009," REVISTA FINANZAS Y POLÍTICA ECONÓMICA, UNIVERSIDAD CATOLICA DE COLOMBIA, vol. 9(1), pages 151-174, February.
    5. Corrado Andini, 2009. "Teaching Keynes’s Principle of Effective Demand within the Real Wage vs. Employment Space," Forum for Social Economics, Taylor & Francis Journals, vol. 38(2-3), pages 209-228, January.
    6. León Díaz, John Jairo, 2007. "Keynesianismo, Poskeynesianismo y Nuevokeynesianismo: ¿Tres doctrinas diferentes y una sóla teoría verdadera?
      [Keynesianism, PostKeynesianism and Newkeynesianism: ¿Three different doctrines just on
      ," MPRA Paper 4600, University Library of Munich, Germany, revised 2007.

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