International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss


Davidson on Keynes and Macroeconomics
Finn Olesen

In the history of economic thought Post Keynesianism offers a different interpretation of John May-nard Keynes’s General Theory than what is known as mainstream Keynesianism. Being one of the most outstanding heterodox economists, in the Paul Davidson tradition of Post Keynesianism, a di-rect connection to the writings of Keynes is present theoretically as well as methodologically. This paper aims partly to present some views on Davidson’s interpretation of Keynes and partly to pre-sent and discuss a textbook in Post Keynesian macroeconomics that Davidson wrote together with Smolensky in 1964.

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