Fundamental Re-Examination of Keynesian Economics and Monetarism as Portfolio Adjustment Theories: Towards the Fundamental Reformation of Modern Macroeconomics

2016 ◽  
Author(s):  
Shigetaro Wakabayashi
Keyword(s):  
Keynesian Economics ◽  
Portfolio Adjustment

"Investor Myopia" in Post Keynesian Theory and in the Russian Economy

2006 ◽  
pp. 71-82 ◽  
Author(s):  
I. Rozmainsky
Keyword(s):  
Endogenous Growth ◽  
Institutional Economics ◽  
Institutional Environment ◽  
Transitional Economy ◽  
Transition Economics ◽  
Keynesian Economics ◽  
Russian Economy ◽  
Fundamental Uncertainty ◽  
High Degree ◽  
Negative Growth

The article examines the issues concerning links between institutional economics, Post Keynesian economics, models of endogenous growth and transition economics. The author considers interrelations between ineffective institutional environment, too high degree of fundamental uncertainty, investor myopia and resulting decrease in investment and "negative" growth in Russia’s transitional economy.

Theorizing About Post-Keynesian Economics in Australasa

2013 ◽  
pp. 411-435
Author(s):  
Paul Dalziel ◽  
J. W. Nevile
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Monetary Policy ◽  
World War Ii ◽  
Fiscal Policy ◽  
Aggregate Demand ◽  
World War ◽  
Keynesian Economics ◽  
Low Levels ◽  
Monetary And Fiscal Policy

There was much in common in the development of post-Keynesian economics in Australia and New Zealand, but there were also many differences. Both countries shared a common heritage in higher education. In the first twenty-five years after World War II, both countries adopted broadly Keynesian policies and experienced very low levels of unemployment. Increasingly over these years more theorizing about macroeconomic policy had what now would be called a post-Keynesian content, but this label was not used till after the event. In both countries, apart from one important factor, the experience of actual monetary policy and theorizing about it were similar. Keynesian ideas were more rapidly adopted in Australia than in many other countries. Not surprisingly for a couple of decades after 1936, analysis of policy and its application was Keynesian rather than post-Keynesian, with fiscal policy playing the major role. The conduct of both monetary and fiscal policy depends on the theory of inflation. This chapter examines post-Keynesian economics in Australasia, focusing on aggregate demand, economic growth, and income distribution policy.

The Crisis in Keynesian Economics. John Hicks

1975 ◽  
Vol 83 (3) ◽  
pp. 671-673
Author(s):  
Harry G. Johnson
Keyword(s):  
Keynesian Economics

Keynesian Economics.

Economica ◽  
1943 ◽  
Vol 10 (39) ◽  
pp. 260 ◽  
Author(s):  
G. L. S. Shackle ◽  
Mabel F. Timlin
Keyword(s):  
Keynesian Economics

scholarly journals Theorizing Teacher Responsibility in an Age of Neoliberal Accountability

2019 ◽  
Vol 1 (1) ◽  
pp. 179-195 ◽  
Author(s):  
Tina Besley
Keyword(s):  
Homo Economicus ◽  
Teacher Responsibility ◽  
Keynesian Economics ◽  
The Great Depression ◽  
Market Rationality ◽  
The Subject ◽  
Neoliberal Policies ◽  
Set Up ◽  
The Individual ◽  
The Welfare State

This article explores concepts of teacher responsibility, accountability, being in loco parentis, and responsibilization as many advanced capitalist societies have dropped policies and practices that were set up in the mid 19th century after the Great Depression in the welfare state under Keynesian economics. Since the early 1980s most of these states have adopted neoliberal policies and market rationality for all aspects of social policy including education. Under neoliberalism, the subject theorised by Homo economicus, is one that is theorised as a rational autonomous individual, with its responsibilized behavior underpinning much of how not only teachers but students now are compleed to behace and perform. These have resulted in major shifts in attitudes to professionalism of teachers, in responsibilising individuals and so have impacted on subjectivity as the state has pulled back from all manner of social provision and has responsibilized the individual to be a consumer-citizen, a prudential and entrepreneurial self even in terms of education. The upshot is increasing use of audits, checklists and accountability regimes for teachers who are becoming increasingly a de-professionalised in a low-trust managerialist environment with students as consumers.

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