Keynes: The second coming?

This article outlines principles of a modernised macroeconomic framework, drawing on John Maynard Keynes. It explores the historical context in which Keynes’ economic theory arose, and the history of its application and subsequent replacement by neoclassical economics. The article argues th...

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Main Author: Skidelsky Robert
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2021-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2021/1452-595X2102159S.pdf
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author Skidelsky Robert
author_facet Skidelsky Robert
author_sort Skidelsky Robert
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description This article outlines principles of a modernised macroeconomic framework, drawing on John Maynard Keynes. It explores the historical context in which Keynes’ economic theory arose, and the history of its application and subsequent replacement by neoclassical economics. The article argues that any updated Keynesian programme must address three new problems: globalization, wealth inequality and climate change. It sketches out the ways in which these might be addressed.
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spelling doaj.art-ced9bfef07224b1a8f3341c553e88a922022-12-21T18:27:42ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862021-01-0168215916510.2298/PAN2102159S1452-595X2102159SKeynes: The second coming?Skidelsky Robert0Warwick University, UKThis article outlines principles of a modernised macroeconomic framework, drawing on John Maynard Keynes. It explores the historical context in which Keynes’ economic theory arose, and the history of its application and subsequent replacement by neoclassical economics. The article argues that any updated Keynesian programme must address three new problems: globalization, wealth inequality and climate change. It sketches out the ways in which these might be addressed.http://www.doiserbia.nb.rs/img/doi/1452-595X/2021/1452-595X2102159S.pdfkeynesneoclassical economicsmacroeconomic policyunemployment
spellingShingle Skidelsky Robert
Keynes: The second coming?
Panoeconomicus
keynes
neoclassical economics
macroeconomic policy
unemployment
title Keynes: The second coming?
title_full Keynes: The second coming?
title_fullStr Keynes: The second coming?
title_full_unstemmed Keynes: The second coming?
title_short Keynes: The second coming?
title_sort keynes the second coming
topic keynes
neoclassical economics
macroeconomic policy
unemployment
url http://www.doiserbia.nb.rs/img/doi/1452-595X/2021/1452-595X2102159S.pdf
work_keys_str_mv AT skidelskyrobert keynesthesecondcoming