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Progressive post-Keynesian economics for the future: an introduction

In: Post-Keynesian Economics for the Future

Author

Listed:
  • Jesper Jespersen
  • Finn Olesen
  • Mikael Randrup Byrialsen

Abstract

Contrary to what many mainstream macroeconomists seem to think, modern, globally interdependent economies, financially as well as otherwise, can be hit hard by economic downturns. That is the lesson learnt from the years of the Great Recession and the Covid-19 pandemic. Macroeconomics is not just about supply-side aspects. Such a focus is much too narrow. Important demand-side matters must be accounted for as well. As such, there is an imminent need to present an alternative to the modern macroeconomic mainstream understanding. Alternatives do exist. In the present book we argue that post-Keynesian advocacy is urgently in demand.

Suggested Citation

  • Jesper Jespersen & Finn Olesen & Mikael Randrup Byrialsen, 2024. "Progressive post-Keynesian economics for the future: an introduction," Chapters, in: Jesper Jespersen & Finn Olesen & Mikael R. Byrialsen (ed.), Post-Keynesian Economics for the Future, chapter 1, pages 1-7, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:22103_1
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    File URL: https://www.elgaronline.com/doi/10.4337/9781035307517.00007
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    Keywords

    Economics and Finance;

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