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Journals / İzmir İktisat Dergisi / 2017 / Cilt: 32 - Sayı: 1

An Inquiry Into the Methodological Foundations of Post Keynesian Macroeconomics

Post Keynesyen Makro İktisadın Metodolojik Temelleri Üzerine Bir İnceleme

Sinem KUTLU
László HORVÁTH
Pages
95–129
Publication Date
2017-07-13
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Based on the evaluation of the findings of the study, it is concluded that the distinctive body of thought of the Post Keynesian macroeconomics doesn’t lack internal coherence entirely but Post Keynesians should take more initiative both at theoretical and political level in order to meet current economic issues.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The Post Keynesian School is based on the ideas of a group of heterodox economists who follow Keynes’s lead.
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Key Findings & Data:In this context, it is aimed to demonstrate that the factor which makes the macroeconomic vision of the Post Keynesian School different is fundamentally methodological.
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Conclusion & Impact:Based on the evaluation of the findings of the study, it is concluded that the distinctive body of thought of the Post Keynesian macroeconomics doesn’t lack internal coherence entirely but Post Keynesians should take more initiative both at theoretical and political level in order to meet current economic issues.
🔬Design:Review & Systematic Survey
📍Scope:Comprehensive Sample
⚙️Variables:Post Keynesyen Okul · heterodoks iktisat · iktisat metodolojisi

Abstract

The Post Keynesian School is based on the ideas of a group of heterodox economists who follow Keynes’s lead. To what extent Post Keynesians, with their heterogeneous structure and pluralist methodology, could be coherent as a school of thought alternative to the mainstream macroeconomics is a controversial issue in the literature. The purpose of this study is to investigate the methodological foundations of Post Keynesian macroeconomics by the help of the findings of the literature review. In this context, it is aimed to demonstrate that the factor which makes the macroeconomic vision of the Post Keynesian School different is fundamentally methodological. Based on the evaluation of the findings of the study, it is concluded that the distinctive body of thought of the Post Keynesian macroeconomics doesn’t lack internal coherence entirely but Post Keynesians should take more initiative both at theoretical and political level in order to meet current economic issues.

Özet

Post Keynesyen Okul genel olarak Keynes’in izinden giden bir grup heterodoks iktisatçının fikirlerine dayanmaktadır. Heterojen yapısı ve çoğulcu metodolojik yaklaşımı ile Post Keynesyenlerin, ana-akım makro iktisada alternatif ne derece tutarlı bir düşünce okulu olduğu literatürde oldukça tartışmalı bir konudur. Bu çalışmanın amacı, Post Keynesyen makro iktisadın metodolojik temellerini literatür taraması bulgularından yararlanarak incelemektir. Bu bağlamda, Post Keynesyen Okulun makro iktisadi vizyonunu farklı kılan unsurun temelde metodolojik olduğunun gösterilmesi hedeflenmektedir. Çalışmanın bulguları değerlendirildiğinde, Post Keynesyen makro iktisadın kendine özgü düşünce bütünlüğünün tümüyle içsel tutarlılıktan yoksun olmadığı ancak günümüzün iktisadi sorunlarına cevap verebilmek için gerek teorik gerekse de politik düzeyde daha fazla inisiyatif kullanılması gerektiği sonuçlarına ulaşılmaktadır.

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Cite This Article

KUTLU, S., HORVÁTH, L. (2017). An Inquiry Into the Methodological Foundations of Post Keynesian Macroeconomics. İzmir İktisat Dergisi, Cilt: 32 - Sayı: 1, 95–129. https://ajindex.com/articles/29969

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