Post-Keynesian Theory and Its Critique to Neoclassical Economics

Bu eser, Post-Keynesyen teori hakkinda bir literatür calismasi olup, bu yaklasimin özelliklerini ve özellikle klasik ekonomik yaklasima getirmiş olduğu kritiği ortaya koyar. Post-Keynesyenler, Keynes'in klasikler tarafindan yanlis yorumlandigini ortaya koyarken, onun görüşlerinin otantik bir yorumunu yaparlar ve Keynes'in görüşlerinden heteredox olanlarindan etkilenirken, kapitalist ekonominin gelişimini institutional yaklaşım içerisinde değerlendirirler.

This paper presents a survey of Post-Keynesian economic theory and its criticism against the framework of neoclassical macroeconomics. The Post-Keynesians have emphasize how the ideas of Keynes were mistakenly incoiporated with classical theory and propose an authentic interpretation of Keynes, focusing on the heterodox elements and discarding the more conservatives ones and attempt to incorporate the institutional framework of a capitalist economy, as well as the evolution of this institutional framework overtime.

___

CORNWALL, John. 1979. "Macrodynamics." In A Guide to Post-Keynesian Economics, ed. Alfred Eichner. White Plains: M.E. Sharpe, Inc.

COTTRELL, Allin. 1994, " Post-Keynesian Monetary Economics.", Cambridge Journal of Economics, 18: p. 587 - 605.

EICHNER, Alfred. 1979. "Introduction." In A Guide to Post-Keynesian Economics, ed. Alfred Eichner. White Plains: M.E. Sharpe, Inc.

DUTT, Amitava K. and Amadeo, Edward. Keynes 's Third Alternative? The Neo- Ricardian Keynesians and the Post-Keynesians. 1990. Aldershot: Edward Elgar Publishing Ltd.

LAVOIE, Marc. 1984. "The Endogenous Flow of Credit and the Post Keynesian Theory of Money" Journal of Economic Issues, 28 (September): p. 771 -797.

MINSKY, Hyman, 1985, "The Financial Instability Hypothesis: A Restatement." In Post-Keynesian Economic Theory - A Challenge to Neo-Classical Economics, ed. P. Arestis and T. Skouras. Armonk: M.E. Sharpe, Inc.

MINSKY, Hyman. 1986. Stabilizing an Unstable Economy. New Haven: Yale Univ. Press.

ROUSSEAS, Stephen. 1992. Post-Keynesian Monetary Economics. Armonk: M.E. Sharpe, Inc.

WRAY, L. Randall. 1992. "Minsky's Financial Instability Hypothesis and the Endogeneity of Money." In Financial Conditions and Macroeconomic Performance - Essays in the Honor of Hyman P. Minsky, ed. Steven Fazzari and Dimitri Papadimitriou. Armonk: M.E. Sharpe, Inc.