Originally published in 1988, this book combines a systematic exposition of post-Keynesianism analysis with an account of its historical development. The role of major figures like Keynes and Sraffa in the development of the theory is closely detailed but the book also gives equal emphasis to Kaldor and the neglected Italian school. The theoretical implications of post-Keynesianism are outlined and challenging arguments for its importance are presented.
Table of Contents
1. Preliminary Observations 2. The Ricardian System 3. The Marxian System 4. The Sraffian System 5. A Basic Growth Model 6. A Question of the Capital and the Production Function 7. Reswitching of Techniques 8. Wicksell Effects and Distribution 9. An Alternative Setting 10. A Further Understanding 11. An Overview