This paper contemplates the evolution of Pigou´s stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes´s approach to the problem of unemployment is made. After that, Pigou´s first reactions to The General Theory are presented, along with the rejoinder...

This paper contemplates the evolution of Pigou's stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes's approach to the problem of unemployment is made. After that, Pigou's first reactions to The General Theory are presented, along with the rejoinder...

Harrod´s model: nature of long term expectations, instability and no linearity The different versions of Harrod´s growth model have always been the subject of controversy and mistaken interpretations: in this paper, we intend to show how Harrod, from 1938 onwards, provides the elements to...

The objective of this article is to make a critical evaluation of the controversies about the Cambridge Equation both in the initial phase - when Pasinetti, Kaldor, Meade, Samuelson and Modigliani got involved - and in the second round that followed the publication of Steedman´s article, which...

The international financial instability of the 1990 has been analysed in several occasions on Minskyan perspectives. The paper is based on this theoretical approach and intends to demonstrate that the financial fragility hypothesis is very useful to the analysis of the cycle in peripheral...