THE REFINEMENTS OF THE ORTHODOX MACROECONOMIC THEORY AND THE POST KEYNESIAN THEORY: BRINGING BACK THE DEBATE BETWEEN KEYNES AND CLASSICALS

Authors

  • Fernando Ferraro Filho

    DOI:

    https://doi.org/10.22456/2176-5456.10604

    Keywords:

    New classical and new Keynesian theories. (post)Keynesian theory. Money. Uncertainty and effective demand.

    Abstract

    In the light of post Keynesian theory, the articles aims at showing that the principal theoretical questions and results of new classical models and new Keynesian models are inconsistent with the basic characteristics of modern entrepreneurial economies and, as a consequence, they cannot help us to understand the dynamic process of the real world. Besides, it shows that the present debate between post Keynesians and mainstream economists brings back an old discussion between Keynes and classical economists.

    Downloads

    Download data is not yet available.

    Published

    2009-10-06

    How to Cite

    Ferraro Filho, F. (2009). THE REFINEMENTS OF THE ORTHODOX MACROECONOMIC THEORY AND THE POST KEYNESIAN THEORY: BRINGING BACK THE DEBATE BETWEEN KEYNES AND CLASSICALS. Análise Econômica, 17(31). https://doi.org/10.22456/2176-5456.10604