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Journal articles on the topic 'Keynesian philosophy'

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Published: 3 June 2025

Last updated: 31 July 2025

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1

Rotheim, Roy J. "Post Keynesian Economics and Realist Philosophy." Journal of Post Keynesian Economics 22, no. 1 (1999): 71–103. http://dx.doi.org/10.1080/01603477.1999.11490228.

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2

Garrison, Roger W. "Keynesian splenetics: From social philosophy to macroeconomics." Critical Review 6, no. 4 (1992): 471–92. http://dx.doi.org/10.1080/08913819208443276.

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3

Pluta, Leonard, and Santo Dodaro. "KEYNESIAN METHODOLOGY, SOCIAL PHILOSOPHY AND UTOPIAN CAPITALISM." Humanomics 8, no. 2 (1992): 49–69. http://dx.doi.org/10.1108/eb006129.

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4

McKenna, Edward J., and Diane Zannoni. "Post Keynesian Economics and the Philosophy of Individualism." Journal of Post Keynesian Economics 20, no. 2 (1997): 235–49. http://dx.doi.org/10.1080/01603477.1997.11490150.

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5

POITRAS, GEOFFREY. "The philosophy of investment: a Post Keynesian perspective." Journal of Post Keynesian Economics 25, no. 1 (2002): 105–21. http://dx.doi.org/10.1080/01603477.2002.11051342.

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6

Spotton Visano, Brenda. "Gendering Post-Keynesian Monetary Macroeconomics With Situated Knowledge." Review of Radical Political Economics 49, no. 4 (2017): 567–73. http://dx.doi.org/10.1177/0486613417703661.

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This paper suggests that the conception of fundamental uncertainty grounding post-Keynesian monetary macroeconomics is consistent with a particularly complex type of decision making characterized by the social determination of preferences and outcomes. Contrary to the argument that positivism grounds post-Keynesian analysis, such a framework of analysis reflects a world in which knowledge is situated. As a practical consideration, this paper considers briefly the implications for a gendered theory of financial instability in a Post-Keynesian monetary framework.

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7

Kim, Yun K. "Household Debt Accumulation and the Great Recession of the United States: A Comparative Perspective." Review of Radical Political Economics 52, no. 1 (2019): 26–49. http://dx.doi.org/10.1177/0486613419868031.

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The Great Recession has provided an important intellectual challenge to both post-Keynesian and mainstream economists. In this article we survey some post-Keynesian views on household debt accumulation and the Great Recession of the United States, as well as the Atif Mian and Amir Sufi’s studies, perhaps the most influential and empirically-oriented studies of mainstream economics. We identify and distinguish their policy perspectives, and highlight commonalities and differences between them. By examining both post-Keynesian and Mian and Sufi’s views together, this paper emphasizes that, altho

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8

THORPE, CHARLES. "COMMUNITY AND THE MARKET IN MICHAEL POLANYI'S PHILOSOPHY OF SCIENCE." Modern Intellectual History 6, no. 1 (2009): 59–89. http://dx.doi.org/10.1017/s1479244308001947.

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The chemist and philosopher Michael Polanyi (1891–1976) is today recognized as one of the most important twentieth-century thinkers about scientific knowledge and scientific community. Yet Polanyi's philosophy of science exhibits an unresolved tension between science as a traditional community and science as an intellectual marketplace. Binding together these different models was important for his overall intellectual and political project, which was a defense of bourgeois liberal order. His philosophy of science and his economic thought were mutually supporting elements within this political

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9

Efaw, Fritz W. "Empiricism and the Keynesian Tradition." Review of Radical Political Economics 23, no. 1-2 (1991): 195–200. http://dx.doi.org/10.1177/048661349102300126.

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10

Turgeon, Lynn. "Book Review: The Keynesian Fallout." Review of Radical Political Economics 30, no. 3 (1998): 166–69. http://dx.doi.org/10.1177/048661349803000321.

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11

von Seekamm, Kurt. "A Note on the Modeling of Rent Seeking." Review of Radical Political Economics 49, no. 4 (2017): 599–606. http://dx.doi.org/10.1177/0486613417717047.

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Rent seeking has once again become an important topic in economics. However, rent seeking poses challenges that standard economic theory is not well equipped to handle. This paper develops a working definition of rent seeking that can be applied to post-Keynesian growth models. The main finding is that, in a post-Keynesian framework, rent seeking will have an effect on income distribution and average productivity. In addition, increases in rent seeking can have undesirable effects on the distribution of talent.

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12

De Angelis, Massimo. "Social Relations and the Keynesian Multiplier." Review of Radical Political Economics 32, no. 1 (2000): 80–103. http://dx.doi.org/10.1177/048661340003200103.

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13

Dunn, Stephen P. "Book Review: Post Keynesian Price Theory." Review of Radical Political Economics 32, no. 3 (2000): 527–30. http://dx.doi.org/10.1177/048661340003200320.

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14

Trigg, Andrew B. "Surplus value and the Keynesian multiplier." Review of Radical Political Economics 34, no. 1 (2002): 57–67. http://dx.doi.org/10.1177/048661340203400106.

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15

Lee, Frederic S. "Book Review: Post-Keynesian Economic Theory." Review of Radical Political Economics 30, no. 1 (1998): 130–32. http://dx.doi.org/10.1177/048661349803000111.

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16

THARIAN, Bibin. "A NEW PHILOSOPHY FOR SUSTAINABLE CONSUMERISM." Management of Sustainable Development 15, no. 1 (2023): 10–17. http://dx.doi.org/10.54989/msd-2023-0002.

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With growing awareness of unsustainable practices, communities are forcing businesses and governments to take serious steps towards sustainability. Microplastics enter the food chain and eventually reach humans. The threat of global warming and recurrent climate disasters necessitate immediate action. However, all governments and corporations rely on an ‘increase in demand’ as a growth metric, which prevents them from doing anything meaningful to ensure our planet’s long-term viability. Against the above paradox, this article explores a compromise between sustainability, consumption, and econo

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17

Tharian, Bibin. "A NEW PHILOSOPHY FOR SUSTAINABLE CONSUMERISM." Management of Sustainable Development Journal 15, no. 1 (2023): 10–17. https://doi.org/10.54989/msd-2023-0002.

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With growing awareness of unsustainable practices, communities are forcing businesses and governments to take serious steps towards sustainability. Microplastics enter the food chain and eventually reach humans. The threat of global warming and recurrent climate disasters necessitate immediate action. However, all governments and corporations rely on an ‘increase in demand’ as a growth metric, which prevents them from doing anything meaningful to ensure our planet’s long-term viability. Against the above paradox, this article explores a compromise between sustainability, cons

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18

Dibeh, Ghassan. "A Classical-Keynesian Model of Macroeconomic Fluctuations." Review of Radical Political Economics 27, no. 3 (1995): 12–21. http://dx.doi.org/10.1177/048661349502700302.

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19

Repapis, Constantinos. "Essays in Keynesian Persuasion." European Journal of the History of Economic Thought 27, no. 3 (2020): 465–67. http://dx.doi.org/10.1080/09672567.2020.1761667.

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20

Tharian, Bibin. "A New Philosophy For Sustainable Consumerism." Golden Ratio of Marketing and Applied Psychology of Business 4, no. 1 (2024): 22–33. http://dx.doi.org/10.52970/grmapb.v4i1.276.

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With growing awareness of unsustainable practices, communities are forcing the business and governments to take serious steps towards sustainability. Microplastics are entering the food chain and eventually reaching humans (Barboza, Vethaak, Lavorante, Lundebye, & Guilhermino, 2018; Mercogliano, Avio, Regoli, Anastasio, Colavita, & Santonicola, 2020) The threat of global warming and recurrent climate disasters necessitate immediate action. However, all governments and corporations rely on 'increase in demand’ as a metric of growth, which prevents them from doing anything meaningful to

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21

Milberg, William. "Book Review: New Directions in Post-Keynesian Economics." Review of Radical Political Economics 24, no. 1 (1992): 163–65. http://dx.doi.org/10.1177/048661349202400115.

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22

Lima, Gilberto Tadeu. "Book Review: Foundations of Post-Keynesian Economics Analysis." Review of Radical Political Economics 27, no. 1 (1995): 141–44. http://dx.doi.org/10.1177/048661349502700111.

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23

Loui, R. P. "Argument and belief: Where we stand in the Keynesian tradition." Minds and Machines 1, no. 4 (1991): 357–65. http://dx.doi.org/10.1007/bf00352915.

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24

Eichengreen, Barry, and Peter Clarke. "The Keynesian Revolution in the Making, 1924-1936." Journal of Interdisciplinary History 21, no. 2 (1990): 319. http://dx.doi.org/10.2307/204420.

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25

RUTHERFORD, MALCOLM, and C. TYLER DESROCHES. "THE INSTITUTIONALIST REACTION TO KEYNESIAN ECONOMICS." Journal of the History of Economic Thought 30, no. 1 (2008): 29–48. http://dx.doi.org/10.1017/s1042771608000033.

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26

Brems, Hans. "The Origins of Keynesian Fiscal Activism." Journal of the History of Economic Thought 16, no. 1 (1994): 27–39. http://dx.doi.org/10.1017/s1053837200001401.

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The first part of the paper, “The Freeze,” restates the simplified Keynesian framework of fiscal activism pioneered by Jargen Pedersen (1937) and Alvin H. Hansen (1941). The framework is a macroeconomic model in which investment, the bond supply, price, the money wage rate, and the rate of interest are all frozen. Using government purchase and the tax rate as its policy instruments the paper solves the model and finds its fiscal multipliers.

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27

Rubin, Goulven. "Patinkin and the Pigou effect: or how a Keynesian came to accept an anti-Keynesian argument*." European Journal of the History of Economic Thought 12, no. 1 (2005): 47–72. http://dx.doi.org/10.1080/0967256042000338032.

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28

Biewener, Carole. "Keynesian Economics and Socialist Politics in France: A Marxist Critique." Review of Radical Political Economics 20, no. 2-3 (1988): 149–55. http://dx.doi.org/10.1177/048661348802000223.

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29

Commendatore, Pasquale. "Book Review: Post Keynesian Economics: Debt, Distributon and the Macroeconomy." Review of Radical Political Economics 30, no. 2 (1998): 118–22. http://dx.doi.org/10.1177/048661349803000207.

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30

Thompson, Stephen. "Profit Squeeze in the Duménil and Lévy Model." Review of Radical Political Economics 50, no. 2 (2018): 297–316. http://dx.doi.org/10.1177/0486613417701265.

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This article looks at the implications of labor-supply limits and endogenous wage growth in the Duménil and Lévy model. A long-run relationship is established between the employment rate and capitalists’ decisions to reinvest profits. Elements of a Marxian approach to macroeconomic policy are sketched. New conditions are derived for being Kaleckian/Keynesian in the short run and classical Marxian in the long run.

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31

Duong, Phuong, Jinghui Liu, and Ian Eddie. "New financial regulatory philosophy: A paradigm shift in securities market supervision." Corporate Ownership and Control 17, no. 4 (2020): 8–17. http://dx.doi.org/10.22495/cocv17i4art1.

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The objective of this paper is to identify the changes in the financial regulatory philosophy in the securities market supervision after the 2008 global financial crisis. The mix-methodology researches are concluded by interviewing 101 securities regulators to investigate the impacts of the crisis on securities market supervision philosophy. Evidence is found to support the hypothesis that the 2008 global financial crisis has created a paradigm shift from standard finance to behavioural finance in securities supervision. However, regulators are still in a philosophical crisis when the theoreti

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32

Weeks, John. "Book Review: A Modern Guide to Keynesian Macroeconomics and Economic Policies." Review of Radical Political Economics 45, no. 2 (2013): 240–42. http://dx.doi.org/10.1177/0486613412458660.

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33

Burkett, Paul. "Neo-Marxian and Keynesian Wage Theories: Evidence from the German Hyperinflation." Review of Radical Political Economics 24, no. 2 (1992): 68–75. http://dx.doi.org/10.1177/048661349202400209.

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34

Lee, Frederic S. "Book Review: Competition, Technology and Money: Classical and Post-Keynesian Perspectives." Review of Radical Political Economics 29, no. 2 (1997): 110–12. http://dx.doi.org/10.1177/048661349702900209.

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35

Fontana, Giuseppe. "Book Review: Money in Motion: Tie Post Keynesian and Circulation Approaches." Review of Radical Political Economics 30, no. 3 (1998): 169–73. http://dx.doi.org/10.1177/048661349803000322.

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36

Versieren, Jelle. "Richard Westra’s Theory of Financialization and the Renewal of the Uno–Sekine Approach to the Dialectic of Capital." Review of Radical Political Economics 49, no. 4 (2017): 680–87. http://dx.doi.org/10.1177/0486613416669341.

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Uno and Sekine considered the early postwar stage as a qualitative divergence from the structural characteristics of capitalism resulting in a gradual ex-capitalist transition. For Westra, the disintegration happens when self-commodified money capital in the money and capital markets disintermediates itself from the value augmentation processes in the production sphere. Westra develops a theory of financialization of globalization distinctive from the post-Keynesian notion of finance-led growth regime or the classical Marxist notion of finance capital.

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37

Merrill, David. "Economic welfare as ethical concept and economic policy." International Journal of Social Economics 42, no. 5 (2015): 434–46. http://dx.doi.org/10.1108/ijse-03-2014-0051.

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Purpose – Paper argues that the proper approach to the topic of economic welfare should include an appreciation that markets are not characterized by an endogenous tendency towards equilibrium. The economists, Schumpeter, Keynes and Minsky are right in this regard as opposed to Adam Smith and contemporary economic orthodoxy. However, today’s liberal political theories largely assumes the tendency towards equilibrium and so are inadequate to deal with economic issues such as economic welfare which arise in conditions of non-equilibrium. The purpose of this paper is to propose Winfield’s reconst

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38

Brunkhorst, Hauke. "Geschichtszeichen." Deutsche Zeitschrift für Philosophie 66, no. 3 (2018): 267–94. http://dx.doi.org/10.1515/dzph-2018-0022.

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Abstract The following paper tries to bring Marx’s crisis theory up to date from a sociological and social-philosophy point of view. Crisis, in line with Marx and Kant, is interpreted as a negative sign of history. Marx’s crisis scenario, while founded in an ever pertinent critique of the destruction of egalitarian individualism by the capitalist system must be considered lacking in complexity for today’s world. Marx underestimated the historical role of the state. A revision of his crisis theory leads to a re-evaluation of the latest two large-scale historical attempts to deal with the crises

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39

Zappia, Carlo. "Whither Keynesian probability? Impolite techniques for decision-making." European Journal of the History of Economic Thought 23, no. 5 (2015): 835–62. http://dx.doi.org/10.1080/09672567.2015.1068349.

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40

Charles, Sébastien, Thomas Dallery, and Jonathan Marie. "Why Are Keynesian Multipliers Larger in Hard Times? A Palley-Aftalion-Pasinetti Explanation." Review of Radical Political Economics 50, no. 4 (2018): 736–56. http://dx.doi.org/10.1177/0486613417722527.

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We use the Annual Macroeconomic database of the European Commission (AMECO) to confirm that textbook multipliers are nearly always greater than one and that they increase during recessions. Propensity to import falls in recessions through the combined effects of the amplified fall in investment and the high import content of investment. A change in saving behavior may also raise the multiplier. These findings strongly support the need for countercyclical fiscal policies during recessions.

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41

Chernomas, Bob. "A Malthusian Basis for Post-Keynesian Stagflation Theory and Policy: A Marxist Analysis." Review of Radical Political Economics 17, no. 1-2 (1985): 230–40. http://dx.doi.org/10.1177/048661348501700114.

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42

Rutherford, Malcolm. "Science and social control: the institutionalist movement in American economics, 1918-1947." Erasmus Journal for Philosophy and Economics 3, no. 2 (2010): 47. http://dx.doi.org/10.23941/ejpe.v3i2.55.

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This paper deals with the concepts of science and social control to be found within interwar institutional economics. It is argued that these were central parts of the institutionalist approach to economics as the key participants in the movement defined it. For institutionalists, science was defined as empirical, investigational, experimental, and instrumental. Social control was defined in terms of the development of new instruments for the control of business to supplement the market mechanism. The concepts of science and social control were joined via John Dewey's pragmatic and instrumenta

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43

Dutt, Amitava Krishna. "Accumulation, Distribution and Inflation in a Marxian/Post-Keynesian Model with a Rentier Class." Review of Radical Political Economics 21, no. 3 (1989): 18–26. http://dx.doi.org/10.1177/048661348902100305.

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44

King, J. E. "“Your Position is Thoroughly Orthodox and Entirely Wrong”: Nicholas Kaldor and Joan Robinson, 1933–1983." Journal of the History of Economic Thought 20, no. 4 (1998): 411–32. http://dx.doi.org/10.1017/s1053837200002443.

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Nicholas Kaldor (1908-86) and Joan Robinson (1903-83) were almost exact contemporaries and enjoyed very similar careers. Both began as innovative but fundamentally orthodox microeconomists, soon turning (very early, in the case of Robinson) to the defense and development of Keynesian macroeconomics. They were both lifelong socialists and, during the Second World War, energetic propagandists for the fledgling British welfare state. In the 1950s each published a series of penetrating critiques of neoclassical distribution and growth theory, subsequently extending the attack to mainstream analyse

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45

Bruce, Kyle. "Management science, planning, and demand management." Journal of Management History 22, no. 2 (2016): 171–98. http://dx.doi.org/10.1108/jmh-10-2015-0203.

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Purpose This paper explores the “proto-Keynesian” ideas of progressive members of the scientific management community with regard to micro- and macroeconomic planning/management. Design/methodology/approach Based on a systematic exegetical analysis of articles published in a largely unexplored primary/archival source, the Bulletin of the Taylor Society between 1915 and 1934. Findings This paper surfaces a latent “proto-Keynesian” bedrock among progressive segments of the US management community that provides a more cogent explanation for the wholehearted reception, as well as the decisive impa

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46

Nance, Dale A. "The Weights of Evidence." Episteme 5, no. 3 (2008): 267–81. http://dx.doi.org/10.3366/e1742360008000385.

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ABSTRACTInterest in the Keynesian concept of evidential weight has led to divergent views concerning the burden of proof in adjudication. It is argued that Keynes's concept is properly engaged only in the context of one special kind of decision, the decision whether or not the evidence is ripe for a decision on the underlying merits, whether the latter decision is based on probability, relative plausibility, coherence or otherwise. As a general matter, this question of ripeness is appropriately assigned to the judiciary for resolution as part of the burden of production, rather than to the jur

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47

Oner, Engin. "Comparative Interpretation of Classical and Keynesian Fiscal Policies (Assumptions, Principles and Primary Opinions)." International Journal of Finance & Banking Studies (2147-4486) 4, no. 2 (2015): 11–20. http://dx.doi.org/10.20525/ijfbs.v4i2.213.

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Adam Smith being its founder, in the Classical School, which gives prominence to supply and adopts an approach of unbiased finance, the economy is always in a state of full employment equilibrium. In this system of thought, the main philosophy of which is budget balance, that asserts that there is flexibility between prices and wages and regards public debt as an extraordinary instrument, the interference of the state with the economic and social life is frowned upon. In line with the views of the classical thought, the classical fiscal policy is based on three basic assumptions. These are the

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48

Eltis, Walter. "Roy Harrod and the Keynesian revolution: his newly published correspondence." European Journal of the History of Economic Thought 12, no. 2 (2005): 337–55. http://dx.doi.org/10.1080/09672560500112538.

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49

Camarinha Lopes, Tiago. "Comrades Do Not Always Agree: How to Promote Cooperation between the Followers of Marx and Sraffa?" Review of Radical Political Economics 53, no. 3 (2021): 535–41. http://dx.doi.org/10.1177/0486613421992555.

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In this note I propose two different levels of analysis for organizing the conversation around the Sraffa/Marx polemic. First, the “pragmatic approach” takes into account the immediate circumstances prevailing in the teaching of economics. In particular, we must understand that there is a systematic denial of Marxism in most economic departments, which are dominated by the mainstream neoclassical school, Keynesian thought, and various minor heterodox currents. Second, the “in-depth approach” leaves aside these circumstances and investigates the frontiers of socialist and radical political econ

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50

Topp, Niels-Henrik. "Kjeld Philip and His Views on Fiscal Policy." Journal of the History of Economic Thought 25, no. 3 (2003): 303–25. http://dx.doi.org/10.1080/1042771032000114746.

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The developments in macroeconomic theory in the 1930s had far-reaching theoretical implications for the attitude towards fiscal policy. In the following decades numerous articles and books analyzed the effects of fiscal policy on the economic activity. The analyses were often closely related to the Keynesian macroeconomic framework and the multiplier. The object of this paper is to draw attention to a book which analyzed fiscal policy from a different perspective.

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