Keynes' General Theory was a massive step forward relative to classical economics, but it was also a step backward in … its denial of the conflictual nature of capitalism. There is need to understand Keynes' technical contributions regarding …. Keynes made a fundamental contribution elucidating the mechanism of effective demand, and he also has claim to be the …

The conventional wisdom about Keynes's Principle of Effective Demand is that it states something about quantities. It …

Keynesian - claim to be Keynes's most literal interpreters, or the truest Keynesians (HOLT ET AL., 1998, p. 17). This paper … compares the Post Keynesian interpretation of the Principle of Effective Demand, i.e. the D/Z-model, with Keynes's own …

The conventional wisdom about Keynes's Principle of Effective Demand is that it states something about quantities. It …

"Keynesian" - claim to be Keynes's most literal interpreters, or the "truest" Keynesians (HOLT ET AL., 1998, p. 17). This paper … compares the Post Keynesian interpretation of the Principle of Effective Demand, i.e. the D/Z-model, with Keynes's own …

of Keynes’s General Theory (1936)”, provides an excellent summary of the error filled Post Keynesian D-Z model, as well … engaged in a cover up ever since that time. The Post Keynesian cover up focused on blaming Keynes for the footnote. This paper … Keynesian and other economists to correctly integrate the derivative specified by Keynes on p. 55 in ft. .2 of the GT and their …

Backhouse and Bateman attempt to evaluate Keynes’s written words in the General Theory concerning his view of how … calculus of probabilities upon which Subjective Expected Utility (SEU) theory is built. Keynes, correctly, viewed this type of … modeling that leads directly to Keynes’s indeterminate, interval valued approach to probability based on Boole. It is …