Abstract

This chapter provides a conclusion to the book. The chapter starts with a discussion of the future of post-Keynesian economics, with the various strategies opened to its economists. The relationship between post-Keynesian economics and ecological economics is discussed in some detailed. In particular, it is pointed out that in the past, with a few exceptions, post-Keynesians did not pay much attention to environmental issues, as they focussed their attention in promoting growth and employment while ecological economists were mainly concerned microeconomics. The situation has changed considerably over the last decade, with several post-Keynesians modelling ecological concerns while a number of ecological economists are adopting the Kaleckian model or the stock-flow consistent approach to develop an ecological macroeconomics. The last part of the chapter deals with the main aspects of post-Keynesian economic policy, notably its emphasis on fiscal policy and full employment.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call