The 'uncertain' foundations of post-Keynesian economics

by Stephen Porter Dunn

"The author attempts to make a positive contribution to the development of Post Keynesian economics by refuting allegations of incoherence, detailing some of the salient implications of a transmutable conception of economic processes and then exploring what this means for how Post Keynesians conceptualise uncertainty. The book argues that the Post Keynesian distinctive view of time, understood as a non-deterministic open systems process, is a core and defining characteristic that is linked to its theoretical discussion of money and the principle of effective demand. It makes a vital...

See on goodreads