This book commemorates a pivotal moment in economic thought—the 50th anniversary of Alfred Eicher and Jan Kregel's groundbreaking 1975 article in the Journal of Economic Literature that boldly announced a "new paradigm in economics" and marked the first journal publication to carry the post-Keynesian label. What began as an academic declaration has evolved into a influential school of economic thought that continues to shape policy debates and theoretical frameworks worldwide.
However, the story of post-Keynesian economics extends far beyond its Anglo-American origins. While existing scholarship has predominantly focused on developments in the United States and England, this comprehensive volume breaks new ground by exploring how post-Keynesian ideas emerged, adapted, and flourished across diverse global contexts. From European innovations to developments in emerging economies, this collection reveals the rich, untold history of how post-Keynesian thought took root in different intellectual and institutional environments around the world.
This book will be beneficial for graduate students, economists and scholars interested in heterodox economic thought and the history of economic ideas. Policy makers and practitioners interested in alternative economic frameworks will also find valuable insights into how post-Keynesian ideas have been implemented and adapted across different national contexts.
The chapters in this book were published in Review of Political Economy.
This book commemorates a pivotal moment in economic thought—the 50th anniversary of Alfred Eicher and Jan Kregel's groundbreaking 1975 article in the Journal of Economic Literature that boldly announced a "new paradigm in economics" and marked the first journal publication to carry the post-Keynesian label.
Introduction: The History of Post-Keynesian Economics: Celebrating 50
Years
1. On the Theoretical and Institutional Roots of Post-Keynesian
Economics
2. The Cambridge Journal of Economics A Forum of Ones Own
3.
Post-Keynesianism in Canada: From an Extraordinary Beginning to an Uncertain
Future?
4. Post-Keynesian Economics in Germany Since the 1970s Mapping the
Landscape
5. Post-Keynesian Economic Thought in Mexico: Discussions on
Economic Growth
6. Australian Post Keynesianism
7. Between Academia and
Economic Policy: The Rise and Decline of Post-Keynesian Economics in Austria
8. From Periphery to Core? Mapping a History of Post-Keynesian Economics in
Brazil
9. Post-Keynesian Economics in China: A Historical Review and
Contemporary Assessment
10. Polish Post-Keynesianism: A Brief History
11.
More Than a Method: History and Outward Institutionalization of
Post-Keynesian Economics in Spain
12. Post-Keynesianism in France: From a
Long Period of Constrained Growth to Hybridization?
Louis-Philippe Rochon is Full Professor of Economics, Laurentian University, Canada. He is the Editor-in-Chief of the Review of Political Economy, and is the Founding Editor of the Review of Keynesian Economics. He has published expensively on post-Keynesian economics and on monetary policy. He has edited over 60 books. He sits on the editorial board of 12 journals, and has been a visiting professor over 20 times, in 8 different countries.
