Download This PaperWhat the Entrepreneurial Problem Reveals About Keynesian Macroeconomics
Kates, Steve (ed.). 2016. What’s Wrong with Keynesian Economic Theory? Edward Elgar.
20 Pages Posted: 19 Dec 2017
Date Written: December 14, 2017
Abstract
I show that Keynesian macroeconomic theory is impossible if we consider (include) entrepreneurship as value creation in markets. Entrepreneurship, I argue, fundamentally undermines the Keynesian analysis.
Keywords: entrepreneurship, Keynesian economics, macroeconomics, spending
JEL Classification: L26, E12
Suggested Citation: Suggested Citation
Bylund, Per L. and Bylund, Per L., What the Entrepreneurial Problem Reveals About Keynesian Macroeconomics (December 14, 2017). Kates, Steve (ed.). 2016. What’s Wrong with Keynesian Economic Theory? Edward Elgar., Available at SSRN: https://ssrn.com/abstract=3088032 or http://dx.doi.org/10.2139/ssrn.3088032
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