Abstract
‘We are all Keynesians now’ has become a popular cliché used by economists, politicians, and even by Presidents of the United States. Superficially it would appear that in less than half a century, the writing of John Maynard Keynes has swept the economic thinking of modern capitalist economies.
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Notes
See G. C. Harcourt, ‘Some Cambridge Controversies in the Theory of Capital’, Journal of Economic Literature (1969) pp. 369–405. Also see J. A. Kregel, Rate of Profit, Distribution and Growth — Two Views (London: Macmillan, 1971).
Cf. F. H. Knight, Risk, Uncertainty and Profit (London: London School of Economics, 1937) p. xxv.
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© 1978 Paul Davidson
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Davidson, P. (1978). The Political Economy of Modern Theory — Keynes, Keynesians, and the Neoclassicists. In: Money and the Real World. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15865-2_1
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DOI: https://doi.org/10.1007/978-1-349-15865-2_1
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