Pkt Post-Keynesian economic was formed and developed by economic experts such as Joan Robinson and Nicholas Kaldor who believed Keynesian economics was based on dis symmetricalness and uncertainty, and that challenges the general equilibrium assumptions of neo-classical opening. The main aim of post-Keynesian economics is to complete the unfinished Keynesian revolution. Post-Keynesian economists fundamentally used ideas from Keynes and his concept of potent demand, Marxist economist Michael Kalecki to provide a critique of neo-classical economics beliefs and an alternative theory of trades.
These economists again emphasise uncertainty, real time and actual market conditions. They also revived the classical link between macroeconomic theories of income distribution and economic growth using Keynesian analysis. They emphasized that the role of financial markets and rejected the quantity theory of money, preferring effective demand as the major influence on income distribution.1 FOUND...If you postulate to get a full essay, order it on our website:
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