A Revision of Keynes' Model: The Escape Route toward Concordian Economics

21 Pages Posted: 22 Aug 2009

Date Written: August 20, 2009

Abstract

This paper revises the "forms," not the substance, of Keynes’ ideas. The first part of the paper analyzes weaknesses in Keynes’ original model; the second part suggests remedies and, ultimately, a new model of the macrosystem; the third part provides an overview of the implications of the new model.

Keywords: Keynes, macroeconomics, economic theory, methodology

JEL Classification: B10, B40, E19

Suggested Citation

Gorga, Carmine, A Revision of Keynes' Model: The Escape Route toward Concordian Economics (August 20, 2009). Available at SSRN: https://ssrn.com/abstract=1458426 or http://dx.doi.org/10.2139/ssrn.1458426

Carmine Gorga (Contact Author)

The Somist Institute ( email )

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