JOURNAL ARTICLE

A Modern Guide to Post-Keynesian Institutional Economics.

  • Published In: Contributions to Political Economy, 2023, v. 42, n. 1. P. 263 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Carnevali, Emilio; Fontana, Giuseppe 3 of 3

Abstract

In 1935, just before the publication of the "General Theory", John Maynard Keynes told his friend George Bernard Shaw that he was 'writing a book on economic theory which will largely revolutionize (p. 493) the way the world thinks about economic problems' ([2]). The chapter reviews early Institutionalist contributions, including the work of the American economist Harold Wolozin and of German-American economist Karl William Kapp, and of more recent authors like Galbraith, [4], and Minsky, which could be used to develop a PKIE approach to ecological issues. A few years earlier, Keynes wrote a letter to Professor John R. Commons where he declared: 'There seems to me to be no other economist with whose general way of thinking I feel myself in such genuine accord' ([1], OCLC No. 40744064). [Extracted from the article]

Additional Information

  • Source:Contributions to Political Economy. 2023/07, Vol. 42, Issue 1, p263
  • Document Type:Article
  • Subject Area:Literature and Writing
  • Publication Date:2023
  • ISSN:0277-5921
  • DOI:10.1093/cpe/bzad015
  • Accession Number:171388911
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