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Economics and Moral Sentiments: The Case of Moral Hazard
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Dow/Downotalk.pps13 Jan 2011: Role of social conventions re confidence. Institutional structure and social convention provide foundation for economic activity. ... Moral values are a necessary element of successful activity. Immoral/opportunistic behaviour undermines socio-economic -
Post Keynesian Macroeconomics
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Jespersen/Jespersen%20260110.ppt26 Jan 2010: Post-Keynesian economics is when uncertainty and money are taken seriously. It penetrates economic decision making and behaviour at all levels – micro/macro and short or long run. ... This is the nature of economic thinking (Keynes, 1936: 297). -
The General Theory as the gateway to the re-unification of Political …
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Reading%20Group%201/Reading%20Group%201%20without%20talk.pps20 Dec 2008: Since Keynesian economics is derived, by definition, from the work of John Maynard Keynes, one might suppose that reading Keynes is an important part of Keynesian theorizing. ... In fact, quite the opposite is the case.” [European Economic Review, 1992] -
The General Theory as the gateway to the re-unification of Political …
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Reading%20Group%201/Reading%20Group%201%20with%20talk.pps30 Nov 2008: Since Keynesian economics is derived, by definition, from the work of John Maynard Keynes, one might suppose that reading Keynes is an important part of Keynesian theorizing. ... In fact, quite the opposite is the case.” [European Economic Review, 1992] -
How types of market differ, and why it matters
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Joffe/MJ011111.pps3 Jan 2012: observation: not all economic phenomena can readily be explained using this framework – most recently bubbles/crises; but also the specific property of capitalism, that it grows. ... it is difficult to distinguish between “behavioral theories built -
The Importance of Keynes
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Marcuzzo/MCM181011.pps18 Oct 2011: Return to another Keynes. Financial crisis has forced us to take on board Keynes’s division of economics between:. ... To acknowledge the failure of economics to take uncertainty seriously. Notion of Uncertainty. -
Slide 1
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Littleboy/BL070611.ppt9 Jun 2011: 197, n1). John Pheby: Spot the most nihilistic quote in Epistemics and Economics. ... flows through his life’s work. In A Scheme of Economic Theory he seeks to. -
The Road to Financialization in Central and Eastern Europe
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Gabor/DG280212.pps8 Mar 2012: Shortage approach: managerial decisions at micro-level. ‘There are few tenets of the economics of centrally planned economies which are more likely to cause disagreement than the notion that centrally planned -
The General Theory as the gateway to the re-unification of Political …
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Equilibrium/Equilibrium%20with%20talk.pps13 Mar 2010: Pathway to redefining economic theory. The tacit assumption. “the assumption, maintained throughout most of the first Book of the General Theory (Chapter 5 is the exception), that firms’ estimates of planned ... Pathway to redefining economic theory. -
Keynes on Individual Behaviour and the Possibility of Involuntary…
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Rotheim/RJR150311.pps19 Mar 2011: T]he mathematization of economics … formalized the system as a series of markets each described by a demand function and a supply function. ... Concluding Remarks. On the Impossibility of Involuntary Unemployment Equilibrium in Mainstream Economic
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