In defence of post-Keynesian and heterodox economics - responses to their critics
2017-12-14 10:06:20 Viewed: 6789 Downloads: 1744-
In defence of post-Keynesian and heterodox economics - responses to their critics
Frederic S. Lee and Marc Lavoie
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Pub: 2017-12-14 10:06:20
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The self-declared purpose of this collection of essays is to offer a 'systematic response'(p. xiii) to a number of critical claims by Colander and others, regarding the value of heterodox approaches to economics. The focus on Colander’s contributions is important because of his past widely-known sympathy with heterodox thought, meaning that he has built up some credibility among economists who are interested in this area.
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Keywords
Current account deficit; Business cycle; countercyclical; procyclical; Quantile regression