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The Continuing Legacy of John Maynard Keynes

Levy Economics Institute Working Paper No. 514

22 Pages Posted: 11 Sep 2007  

L. Randall Wray

University of Missouri at Kansas City; Bard College - The Levy Economics Institute

Date Written: September 6, 2007

Abstract

This working paper examines the legacy of Keynes's General Theory of Employment, Interest, and Money (1936), on the occasion of the 70th anniversary of the publication of Keynes's masterpiece and the 60th anniversary of his death. The paper incorporates some of the latest research by prominent followers of Keynes, presented at the 9th International Post Keynesian Conference in September 2006, and integrates this with other work that has come out of the Keynesian tradition since the 1940s. It is argued that Keynes's contributions still provide important guidance for real-world policy formation.

Keywords: Keynes's Legacy, Keynesian Theory, Keynesian Policy

JEL Classification: B3, B5, E12

Suggested Citation

Wray, L. Randall, The Continuing Legacy of John Maynard Keynes (September 6, 2007). Levy Economics Institute Working Paper No. 514. Available at SSRN: https://ssrn.com/abstract=1012599 or http://dx.doi.org/10.2139/ssrn.1012599

L. Randall Wray (Contact Author)

University of Missouri at Kansas City ( email )

5100 Rockhill Road
Kansas City, MO 64110-2499
United States

Bard College - The Levy Economics Institute

Blithewood
Annandale-on-Hudson, NY 12504-5000
United States

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