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Post-Keynesian Economics: Towards Coherence

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  • Arestis, Philip

Abstract

This paper provides a comprehensive survey of post-Keynesian economics. It argues that post-Keynesian economics has passed through the important initial stage of mounting a concerted critique of mainstream economics. The focus, however, is on the stage reflected in current post-Keynesian research which, the paper argues, is concerned with elaborating a distinctive coherent approach that takes precedence over critique. Several traditions upon which post-Keynesian economics relies are identified. Institutionalism is proposed as an additional contributing tradition, a novel aspect of the paper. It is recognized, however, that more research is necessary to complete the post-Keynesian approach. (c) 1996 Academic Press Limited Copyright 1996 by Oxford University Press.

Suggested Citation

  • Arestis, Philip, 1996. "Post-Keynesian Economics: Towards Coherence," Cambridge Journal of Economics, Oxford University Press, vol. 20(1), pages 111-135, January.
  • Handle: RePEc:oup:cambje:v:20:y:1996:i:1:p:111-35
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