Thursday, July 30, 2020

The Cambridge Keynesians And “Bastard Keynesians” — V. Ramanan

Keynes, Robinson, and Samuelson.

The Case for Concerted Action
The Cambridge Keynesians And “Bastard Keynesians”
V. Ramanan

1 comment:

AXEC / E.K-H said...


Keynes got the move from microfoundations to macrofoundations wrong. Worse, Keynes got macroeconomic profit wrong. Because of this foundational blunder, the whole of Keynesianism is proto-scientific garbage.

Neither Joan Robinson, nor Bastard Keynesians, nor Post-Keynesians, nor Anti-Keynesians spotted Keynes' lethal blunder to this day.#1, #2

Because of this, all these scientifically incompetent folks are buried for good at the Flat-Earth-Cemetery.

Egmont Kakarot-Handtke

#1 See Ch. 13, The indelible scientific disgrace of economics, in Sovereign Economics, BoD

#2 See cross-references