There are quite a few good books that have been published in recent years on Keynes and Post Keynesian thought, as follows:
Davidson, 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.
These previous two books provide short and useful introductions for the general reader, but the following are more advanced treatments:
Davidson, Paul. 2009. John Maynard Keynes (rev. edn.). Palgrave Macmillan, Basingstoke.
Hayes, Mark. 2006. The Economics of Keynes: A New Guide to The General Theory. Edward Elgar, Cheltenham.
Hein, Eckhard and Engelbert Stockhammer (eds.). 2011. A Modern Guide to Keynesian Macroeconomics and Economic Policies. Edward Elgar, Cheltenham.
Out of curiosity Lord Keynes, have you seen Dr. Michael Emmett Brady's reviews of Davidson's 2009 works, or his review of Mark Hayes's book, or his review of Skidelsky's The Return of the Master? Dr. Brady makes some important criticisms of the mathematics in Post Keynesian economics, especially with regard to interpreting The General Theory correctly. The Post Keynesian economists don't seem to use the mathematical formulations in Book V of Keynes's magnum opus, specifically in Chapters 20 and 21.ReplyDelete
Finally, please read the following comments section below. That "J. M. KEYNES" fellow is Paul Davidson himself, apparently...
"Hayes (H)presents a reinterpretation of Keynes's GT which is both worthwhile and error filled all at the same time. It is worthwhile in that he corrects a number of the minor errors in the literature on Keynes's theory of effective demand made by Sidney Weintraub, Paul Davidson, Geoffrey Harcourt, Victoria Chick, etc., while at the same time reinforcing the two major errors originally made by Dennis Robertson."ReplyDelete
Well, at least Hayes's book is "worthwhile in that he corrects a number of the minor errors in the literature on Keynes's theory of effective demand made by Sidney Weintraub, Paul Davidson, Geoffrey Harcourt, Victoria Chick, etc."
At the same time, I am somewhat startled to hear that the "Post Keynesian Study Group is intellectually bankrupt."
Did you read the commentary in the last link, Lord Keynes? I think you ought to look at that link and give it a good, hard thought.ReplyDelete