Article1991

An alternative to labour-market orthodoxy: the post-Keynesian/institutionalist policy view

38 citations0/0 files storedReview of Political Economy

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Economic Theory and Policy Political Economy and Marxism Employment, Labor, and Gender Studies

Abstract

Following a tradition originally established by E. Applebaum and A.S. Eichner, this article attempts to sketch an outline of the post-Keynesian/institutionalist theory of the ‘labour market’ as well as to analyse the radical policy perspective that emerges from this approach. This heterodox analytical framework is then used to assess two well-known labour-market policy proposals that have been much discussed in recent years.

Citations in this library

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References

1936The General Theory of Employment, Interest and Money.1936The General Theory of Employment, Interest and Money.1936The General Theory of Employment, Interest and Money, by John Maynard Keynes 1987The Second Industrial Divide: Possibilities for Prosperity 1973The Economic Theory of Agency: The Principal's Problem.1987The Second Industrial Divide: Possibilities for Prosperity 1975Generating Inequality 1972Selected Essays in the Dynamics of the Capitalist Economy.

Cited by

2004What Type Of Full Employment? A Critical Evaluation of "Government as the Employer of Last Resort" Policy Proposal 1999Basic Income and the Right to Work: A Keynesian Approach 2019Post-Keynesian institutionalism: past, present, and future

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