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The future of Post Keynesian economics

Author

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  • Giuseppe Fontana

    () (Universiry: of Leeds, Leeds (Great Britain) and Università del Sannio, Benevento (Italy))

  • Bill Gerrard

    () (University of Leeds, Leeds (Great Britain))

Abstract

This paper assesses the current state of Post Keynesian economics and attempts to outline a strategy for its future development. It is argued that Post Keynesianeconomists have concentrated in recent years on the important pre-analytical task of searching for a sound methodological foundation upon which to develop analytical contributions to the development of economic theory and practice. It is then suggested that the future of Post Keynesian economics lies in the substantive task of constructing more general, encompassing understandings of economic behaviour that extend the applicability of existing economic theory to non-allocative modes of behaviour.

Suggested Citation

  • Giuseppe Fontana & Bill Gerrard, 2006. "The future of Post Keynesian economics," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 59(236), pages 49-80.
  • Handle: RePEc:psl:bnlqrr:2006:13
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    Cited by:

    1. Heise, Arne, 2018. "Postkeynesianismus: Ein heterodoxer Ansatz auf der Suche nach einer Fundierung," Discussion Papers 69, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).
    2. J. E. King, 2012. "Post Keynesians and Others," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 305-319, April.
    3. Engelbert Stockhammer & Paul Ramskogler, 2009. "Wie weiter? Zur Zukunft des Postkeynesianismus," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 35(3), pages 329-353.
    4. Heise, Arne, 2019. "Post-Keynesian Economics - Challenging the Neo-Classical Mainstream," MPRA Paper 99280, University Library of Munich, Germany.

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    More about this item

    Keywords

    Post Keynesian;

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory

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