Tuesday, April 15, 2014

Post Keynesian Economics: A Revised Diagram


My revised diagram of the subgroups of Post Keynesian economics.

In this version I have included Joseph Steindl and Kurt Rothschild amongst the Kaleckians.

Unfortunately, some nagging doubts still remain:
(1) is there a better way to classify the American Post Keynesians Alfred Eichner and Sidney Weintraub?

(2) were James E. Meade and E. Austin G. Robinson Post Keynesians or did they basically remain neoclassical synthesis Keynesians?

(3) where should Lorie Tarshis go?

Monday, April 14, 2014

A Third Revised Family Tree of Heterodox Economics

The third revised diagram, and this time I have added a general line for left libertarian economics, which culminates in the Participatory economics system.