Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7396315 | EconomiA | 2018 | 11 Pages |
Abstract
Keynes was unable to convince the economics profession that the problem is capitalism; that the warts, real though they are, obscure a more fundamental problem. The reason is that Keynes lacked the mathematical tools to substantiate his vision. This paper deploys tools that were unavailable to Keynes, in order to lay the foundations of a Keynesian macroeconomics for the 21st century.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics, Econometrics and Finance (General)
Authors
Stephen A. Marglin,