Most of us tend to have a vague notion of what Keynes stood for. Why, even neo-classic economists seem to be using his theories to rescue the economy from the ravages of the global financial crisis. So, what is post-Keynesian economics, and how does it differ from the theories espoused in The General Theory of Employment, Interest and Money. In this podcast, Professor Steve Keen explains to Phil Dobbie what post-Keynesian thinking is and how it differs from the thoughts of Lord Keynes himself.
To hear more episodes of this podcast subscribe by picking a plan in the right column of the Debunking Economics website (not the mobile app). Or become a patron at https://www.patreon.com/ProfSteveKeen