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Looking Ahead: The Future Of Post Keynesian Economics
Beginning of paper
In my paper titled "What is Post Keynesian Economics" presented at the 4th International Post Keynesian Workshop at the University of Tennessee, I argued that Keynes's Treatise and the General Theory provided the groundwork for an intellectual revolution in economics. By questioning some basic assumptions and bringing money .... Middle of paper
.... of the capitalist system and to develop a practical understanding of how to deal with economic problems in the present-day world. The second is that the future is uncertain and the past is immutable.
From Chapter 12 of Keynes's General Theory, situations of uncertainty cannot be adequately modeled in terms of probability distributions and because of this a difference needs to be made between uncertainty and risk where uncertainty is the ....
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Number of words: 3250
Number of pages: 12 (approx. 250 words per double-spaced page)
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