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The Emergence of Theoretical and Institutional Coherence in Post Keynesian Economics

In: Post Keynesian Economics

Author

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  • Thomas I. Palley

    (New School for Social Research)

Abstract

Since its inception in the 1930s, Keynesian economics has been subject to interpretation, and fragmentation into different schools of Keynesianism. One such school is Post Keynesian economics, the origins of which are principally associated with an eclectic group of economists located in Cambridge, England. Amongst this group were such luminaries as Nicholas Kaldor, Joan Robinson, and Richard Kahn. Another important figure at Oxford, was the Polish emigre economist, Michael Kalecki; in the United States, the founding contributors to the Post Keynesian tradition in macroeconomics include Paul Davidson, Sidney Weintraub, and Hyman Minsky.2

Suggested Citation

  • Thomas I. Palley, 1996. "The Emergence of Theoretical and Institutional Coherence in Post Keynesian Economics," Palgrave Macmillan Books, in: Post Keynesian Economics, chapter 2, pages 8-24, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37412-6_2
    DOI: 10.1057/9780230374126_2
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    Cited by:

    1. Daniyal Khan, 2021. "The Twin Endogeneities Hypothesis: A Theory of Central Bank Evolution," Working Papers 2102, New School for Social Research, Department of Economics.

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