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Keynesian Economics—An Evolutionist Manifesto

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Abstract

The purpose of this paper is to sketch an evolutionist Keynesian economics and to discuss its micro-foundation and non-neoclassical character. The word ‘evolutionist’ means economics based on the multi-agent-oriented system, composed of agents following the satisficing principle. The word ‘Keynesian’ means economic theory closely based on Keynes’ original works. First, we see the existing poor situation of Keynesian economics and argue what historical studies on Keynes’ works should be. Second, we show our interpretation on what Keynes actually did and discuss its micro-foundation by satisfying group behaviour.

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Authors and Affiliations

  1. Senshu University, 2-1-1 Higashi-mita, Tama-ku, Kawasaki, Kanagawa, 214-8580, Japan

    Masaaki Yoshida

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  1. Masaaki Yoshida
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Correspondence to Masaaki Yoshida.

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Yoshida, M. Keynesian Economics—An Evolutionist Manifesto. Evolut Inst Econ Rev 1, 49–56 (2004). https://doi.org/10.14441/eier.1.49

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  • DOI: https://doi.org/10.14441/eier.1.49

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