Shaikh's classification of Post Keynesians as dealing with imperfect competition, thereby subscribing to the category of 'perfect and imperfect' competitions advanced by neo-classical theories, is not not convincing. Keynes himself does not make his theory based on perfect or imperfect competition.
I believe he considers himself a classical political economst (School of Smith, Ricardo and Marx). He criticises post-keynesians a lot, and argues that his concept of real competition to be the proper foundation to Keynes' ideas.
Shaikh's classification of Post Keynesians as dealing with imperfect competition, thereby subscribing to the category of 'perfect and imperfect' competitions advanced by neo-classical theories, is not not convincing. Keynes himsell does not make his theory based on perfect or imperfect competition.
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This is just brilliant! Thank you UMass Econ department for uploading this for wider dissemination.
Thank god some new content
May I ask the name of the book he mentioned?
Kashif Khan Capitalism: competition, conflict, and crises
Steve Marangos thnk u so much :)
Shaikh's classification of Post Keynesians as dealing with imperfect competition, thereby subscribing to the category of 'perfect and imperfect' competitions advanced by neo-classical theories, is not not convincing. Keynes himself does not make his theory based on perfect or imperfect competition.
ruclips.net/video/ShIg-3NRQj4/видео.htmlm45s
Post Keynesian theory is not "pure Keynes"
Is he a post-keynesian? I have read a few papers by him, but I'm not sure where to put him, in what school of thought..
I believe he considers himself a classical political economst (School of Smith, Ricardo and Marx). He criticises post-keynesians a lot, and argues that his concept of real competition to be the proper foundation to Keynes' ideas.
He is a Sraffian and Marxist. Definitely not a Post-Keynesian.
Classical political economist.
Shaikh's classification of Post Keynesians as dealing with imperfect competition, thereby subscribing to the category of 'perfect and imperfect' competitions advanced by neo-classical theories, is not not convincing. Keynes himsell does not make his theory based on perfect or imperfect competition.
Classical/Neo-ricardian with a little bit of Marxism.