KEYNES‘ ECONOMIC THOUGHT AND THE THEORY OF CONSUMER BEHAVIOUR

Stavros A. Drakopoulos

28 citations0/0 files storedScottish Journal of Political Economy

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Economic Theory and Policy Economic Theory and Institutions Historical Economic and Legal Thought

Abstract

Although there is a large literature on the subject of the microeconomic foundations of Keynes’s macroeconomics, it seems that the subject of Keynes ’ views on the theory of consumer behaviour has been taken for granted. In particular,

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1997Motivation and Personality 1936The General Theory of Employment, Interest and Money.1993Motivation and personality 2009The Theory of the Leisure Class 1937The General Theory of Employment 1976The Economic Approach to Human Behavior 1948Foundations of Economic Analysis.1982Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty

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1997Consumed in Theory: Alternative Perspectives on the Economics of Consumption 2004Post Keynesian consumer theory: Potential synergies with consumer research and economic psychology 2000The Social Significance of Consumption: James Duesenberry’s Contribution to Consumer Theory 2021A supermultiplier model of the natural rate of growth 2021The marginalization of absolute and relative income hypotheses of consumption and the role of fiscal policy

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