Robert Skidelsky talks about Keynes’ life from his three volume biography, the last volume of which is John Maynard Keynes: Fighting for Freedom, 1937–1946 (vol. 3; London, 2000). Skidelsky here, however, muddles up some of his economic theory and seems to identify neoclassical synthesis Keynesianism with Keynes’ economics.
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What's a good primer to Keynes' theory? Seems like he's not an easy read for me, anyway. I've found a couple of videos and a website of a guy explaining things a bit (need to get back to it.) Anyway, what would you recommend? Thanks.
ReplyDeleteWell i recommend you
DeletePost keyensian macroeconomic theory second edition- paul davidson
If you are interested in keyens theory this is the guy and this is the book.
Basic intros:
DeleteDavidson, Paul. 2009. The Keynes Solution: The Path to Global Economic Prosperity (1st edn). Palgrave Macmillan, New York and Basingstoke.
Skidelsky, R. J. A. 2010. Keynes: The Return of the Master (rev. and updated edn.). Penguin, London.
There's a Youtube vid of Davidson giving a talk about 'The Keynes Solution' which would be useful here. He discusses the axioms.
ReplyDeleteI've read and listened to tons of Skidelsky and I think he knows the distinction between Keynes and neoclassicals, he seems Post Keynesian himself. I think in this vid he is talking about what was considered "Keynesianism" at the time, as opposed to "the economics of Keynes". Skidelsky certainly doesn't like the neoclassical synthesis and spends a lot of time arguing that Keynes's message about uncertainty being an integral part of the theory was not heeded.
Skidelsky's proper understanding of Post Keynesianism seems to be a post-2007 phenomenon.
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