 |
 |
Dear Friends & Colleagues,
I have posted a paper titled “The General Theory at 80: Reflections on the History and Enduring Relevance of Keynes’ Economics” [READ HERE].
The paper provides an assessment of the mixed character of The GT, which was both analytically revolutionary and conservative. The paper shows how The GT broke with the canon and how that break has been obfuscated over time. I hope you find it useful at this time of reflection and reassessment of macroeconomics.
Please feel free to share it.
Best,
Tom Palley
Thomas Palley
Tel: 202-667-5518