tag:blogger.com,1999:blog-6245381193993153721.post3770105542565584618..comments2024-03-28T17:08:15.784-07:00Comments on Social Democracy for the 21st Century: A Realist Alternative to the Modern Left: Heterodox Economics: A Family TreeLord Keyneshttp://www.blogger.com/profile/06556863604205200159noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-6245381193993153721.post-40189804662451608302014-09-03T03:38:16.255-07:002014-09-03T03:38:16.255-07:00It's a compatible idea. You said, "This i...It's a compatible idea. You said, "This is a provisional diagram only" but I want to know more about <a href="http://www.fullfamilytree.com" rel="nofollow">family tree diagram</a>.Anonymoushttps://www.blogger.com/profile/10194392826043597859noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-80756939358592337082014-04-10T09:37:12.873-07:002014-04-10T09:37:12.873-07:00Sounds like a great idea.
I'd like to get it ...Sounds like a great idea.<br /><br />I'd like to get it accurate first, though.<br /><br />In the meantime, here is a more detailed list focusing on broad tent Post Keynesianism only:<br /><br />http://socialdemocracy21stcentury.blogspot.com/2014/04/post-keynesian-economics-diagram.htmlLord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-5754799762412599162014-04-10T09:10:03.897-07:002014-04-10T09:10:03.897-07:00May I suggest that when this is complete we upload...May I suggest that when this is complete we upload it to Wiki?Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-44164269145310656252014-04-10T09:09:06.911-07:002014-04-10T09:09:06.911-07:00I'd call Godley a Kaldorian. He explicitly sai...I'd call Godley a Kaldorian. He explicitly said that he was formalising Kaldor's work.<br /><br />I would not put Tom Palley in there at all. I don't know why Lavoie does that. Palley is a static equilibrium theorist in the strictest of senses.Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-47003562254246267742014-04-10T08:02:30.021-07:002014-04-10T08:02:30.021-07:00It is tricky to know where to put Wynne Godley.
B...It is tricky to know where to put Wynne Godley.<br /><br />But Lavoie does have a list of Kaldorians in his paper on King, and lists them as follows:<br /><br />Robert Boyer<br />John McCombie<br />Ken Coutts<br />Ro Naastepad<br />Neville Norman<br />Tom Palley<br />Pascal Petit<br />Mark Setterfield<br />Peter Skott<br />Servaas Storm<br />Anthony Thirlwall<br /><br />Lavoie, Marc. 2014. “To which of the Five Streams of Post-Keynesianism does John King belong?”<br />http://www.vu.edu.au/sites/default/files/cses/pdfs/lavoie-paper.pdf<br />--------------<br />Godley is listed as an influence on the Kaldorians, but not one of them. Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-13276165682114991912014-04-10T07:40:17.157-07:002014-04-10T07:40:17.157-07:00Oh, and Wynne Godley needs to be put somewhere. Ma...Oh, and Wynne Godley needs to be put somewhere. Maybe in the Kaldorian tent. You might want to put Tony Thirlwall in there too.Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-68447187029763625142014-04-10T07:38:53.011-07:002014-04-10T07:38:53.011-07:00Yes. And he was part of the Cambridge School.Yes. And he was part of the Cambridge School.Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-17459268213619977392014-04-10T07:38:24.371-07:002014-04-10T07:38:24.371-07:00(4) Garegnani was definitely more so a Sraffian. P...(4) Garegnani was definitely more so a Sraffian. Pasinetti? I'm not sure. He is a Sraffian in some sense but he also contributed to Cambridge growth theory in a big way which is a Post-Keynesian theory.Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-14201692219487618792014-04-10T07:18:12.396-07:002014-04-10T07:18:12.396-07:00There's no doubt in your mind that Richard Kah...There's no doubt in your mind that Richard Kahn did make a clean break with neoclassical theory?<br /><br />If so, I will include him in a corrected diagram.Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-18411747228472279532014-04-10T07:15:54.067-07:002014-04-10T07:15:54.067-07:00Interesting points:
(1) well, the inclusion of a ...Interesting points:<br /><br />(1) well, the inclusion of a few neoclassical schools on the right that derived from Keynes is there for clarity only. <br /><br />(2) On Lerner, I don't think he really did make a clean break with neoclassical theory, although he was obviously a maverick too. E.g., as you say, he was still using neoclassical theory underlying his market socialism and some other ideas.<br /><br />Also, I think many still do classify him as belonging to the neoclassical synthesis.<br /><br />I mean just look at Oscar Lange too: he was a Marxist using neoclassical theory to argue for socialism!<br /><br />(3) yep, good point, I will add that in a new version of his chart.<br /><br />(4) Weren't Pierangelo Garegnani and Luigi Pasinetti Sraffians? I do know them and meant to include them in the "Sraffians" group.Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-17172710887786159972014-04-10T06:41:18.424-07:002014-04-10T06:41:18.424-07:00Also, Richard Kahn in the Cambridge School.Also, Richard Kahn in the Cambridge School.Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-5962345901058871482014-04-10T06:40:13.409-07:002014-04-10T06:40:13.409-07:00Comments:
(1) I'm confused that you title the...Comments:<br /><br />(1) I'm confused that you title the diagram "Non-Neoclassical Schools" and then include neoclassical schools. Perhaps you should rethink the title.<br /><br />(2) I really don't get why Abba Lerner is included in the neoclassical school. How do you justify this? Is it because of his ties with market socialism? Or is it because of that awful stuff he did about distributive justice based on diminishing marginal utility?<br /><br />(3) Place an arrow running from Kalecki to the Cambridge School. Basically everything they did was tied up with Kalecki's work (the Cambridge equation etc.).<br /><br />(4) You should probably include the 2nd generation Cambridge school (i.e. Garegnani and Passinetti) and have influences coming from the 1st generation and Sraffa.Philip Pilkingtonhttp://fixingtheeconomists.wordpress.com/noreply@blogger.com