Post-Keynesian institutionalism: past, present, and future

被引:10
作者
Whalen, Charles J. [1 ]
机构
[1] SUNY Buffalo, Buffalo, NY 14260 USA
关键词
Post-Keynesian institutionalism; Post-Keynesian economics; Institutional economics; Financial instability; Money manager capitalism; Economic security; MONEY-MANAGER CAPITALISM; MONETARY-THEORY; FINANCIAL INSTABILITY; BUSINESS-ENTERPRISE; LAST RESORT; ECONOMICS; POLICY; PREREQUISITES; FOUNDATIONS; UNCERTAINTY;
D O I
10.1007/s40844-019-00150-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
Post-Keynesian institutionalism (PKI) is a branch of institutional economics that draws on the common ground shared by many institutionalists and post-Keynesians. PKI emerged in the USA in the 1980s; attracted considerable attention during the Internet boom and crash (roughly from 1995 through 2002); and offered vital economic insight to address the global financial crisis of 2007-2009. This article presents a two-part examination of PKI: the first part surveys PKI's origins and development; the second highlights existing contributions in the course of outlining directions for future PKI research. PKI began with a focus on understanding business cycles and seeking to prevent or contain economic downturns; over time, attention also centered on structural economic changes and the spread of worker insecurity. In the coming years, scholarship in those areas must be complemented by-indeed, carried out in tandem with-contributions that shed light on the problem of global warming and the widespread consequences of climate change.
引用
收藏
页码:71 / 92
页数:22
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