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Introduction

In: Post Keynesian Monetary Economics

Author

Listed:
  • Stephen Rousseas

    (Vassar College)

Abstract

Revolutions have a nasty way of devouring their progenitors and replacing them by a lesser and more arrogant breed who, in the name of the revolution, seek to consolidate its gains only to betray it in the process. The Keynesian revolution, in the realm of ideas, is a case in point, though in this instance the creator of the revolution was not quite the revolutionary others had made him out to be. Keynes himself, according to Joan Robinson, did not grasp the full import of his General Theory, and shortly after its publication in 1936 there were many heated discussions between him and his followers over what the General Theory ‘really’ meant.

Suggested Citation

  • Stephen Rousseas, 1998. "Introduction," Palgrave Macmillan Books, in: Post Keynesian Monetary Economics, edition 0, chapter 1, pages 1-15, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-26456-8_1
    DOI: 10.1007/978-1-349-26456-8_1
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