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Posted on 10.18.09 by R. Lee Wrights
“It is not often that Paul Samuelson and Paul Krugman are indicted for lack of fidelity to Keynes, but this is exactly Paul Davidson’s complaint against them. Davidson is a leading Post Keynesian, who holds that almost all economists, even professed Keynesians, have been untrue to the radical vision of The General Theory. The pseudo Keynesians attempt to domesticate Keynes by combining his theories with neoclassical economics; in fact, the two approaches are diametrically opposed.” (10/16/09) Link: http://mises.org/story/3756 Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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