Saturday, June 28, 2014

Some Post Keynesian Links on IS-LM

A list of posts from various Post Keynesians below on IS-LM:
Matias Vernengo, “ISLM: A Further Explanation and a Defense,” Naked Keynesianism, December 1, 2013.

Matias Vernengo, “ISLM: what is it good for?,” Naked Keynesianism, February 16, 2011.

Roberto Lampa, “Oskar Lange Theory of Interest and the ISLM,” Naked Keynesianism, January 8, 2014.

Lars Syll, “Why IS-LM still isn’t good enough (wonkish),” 30 October, 2012.

Lars Syll, “IS-LM is bad Economics no matter what Krugman says,” Real-World Economics Review Blog, March 20, 2013.

Lars Syll, “IS-LM vs. Minsky,” 25 March, 2014.

Lars Syll, “Krugman’s vindication of the IS-LM gadget — brilliantly silly,” 27 March, 2014.

Lars Syll, “Did Keynes accept the IS-LM Model?,” 22 June, 2014.

Bill Mitchell, “The IS-LM framework – Part 1,” Billy Blog, July 26, 2013.

Bill Mitchell, “The IS-LM Framework – Part 2,” Billy Blog, August 2, 2013.

Bill Mitchell, “The IS-LM Framework – Part 3,” Billy Blog, August 9, 2013.

Bill Mitchell, “IS-LM Framework – Part 4,” Billy Blog, August 16, 2013.

Bill Mitchell, “IS-LM Framework – Part 5,” Billy Blog, August 23, 2013.

Bill Mitchell, “IS-LM Framework – Part 6,” Billy Blog, August 30, 2013.

Bill Mitchell, “The IS-LM Framework – Part 7,” Billy Blog, September 6, 2013.

Steve Keen, “Krugman’s Economic Modelling Morass,” Business Spectator, 7 March 2013.

Steve Keen, “Where Krugman went wrong,” Business Spectator, 8 March 2013.

Steve Keen, “How Krugman lost equilibrium,” Business Spectator, 13 March 2013.

Steve Keen, “Oblivious to the essence of equilibrium,” Business Spectator, 14 March 2013.

Steve Keen, “Modelling Economic Balance like it’s 1975,” Business Spectator, 27 March 2013.

“Misinterpretations in Mainstream Economics,” Unlearning Economics, February 19, 2013.

“Debunking Economics, Part VIII: Macroeconomics, or Applied Microeconomics?,” Unlearning Economics, August 26, 2012.

Philip Pilkington, “Policing the Economists from Within Their Own Minds – ISLM as a Model of Intellectual Control,” Naked Capitalism, March 8, 2012.

Philip Pilkington, “Tending to His Own Garden: Has Krugman Finally Turned on the ISLM?,” Fixing the Economists, August 24, 2013.

Philip Pilkington, “Problems with Static Interest Rates in the ISLM,” Fixing the Economists, November 12, 2013.

Philip Pilkington, “Further Problems With the Static Framework of the ISLM,” Fixing the Economists, November 13, 2013.

Philip Pilkington, “Krugman uses ISLM to proclaim looming Fiscal Crisis, denounces those who don’t use ISLM,” Fixing the Economists, March 27, 2014.


  1. Hate to self-promote, but if I'm going to be included... (last one is most important)...

    Sorry... bit of a hobby horse of mine...

    1. No problems -- have added all these links.

    2. Thanks. Off topic. But did you see this?

      I thought that it was pretty fascinating.