Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/79473
Authors: 
Whalen, Charles J.
Year of Publication: 
2012
Series/Report no.: 
Working Paper, Levy Economics Institute 724
Abstract: 
This paper surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, within the current context, important research that paved the way for PKI. It then sketches essential elements of PKI-drawing heavily on the contributions of Hyman Minsky - and identifies directions for future research. Although there is much room for further development, PKI offers a promising starting point for economics after the Great Recession.
Subjects: 
Post-Keynesian Institutionalism
Institutional Economics
Post-Keynesian Economics
Financial Instability
Money-Manager Capitalism
Hyman Minsky
JEL: 
B25
B52
E12
E32
Document Type: 
Working Paper

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