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The Methodological Foundations of Post Keynesian Economics

Year 2020, Volume: 7 Issue: 1, 147 - 160, 15.01.2020
https://doi.org/10.17541/optimum.599265

Abstract

Post Keynesian view, which has emerged as a new approach to the economy, evolves as an alternative approach to the economic policies of Orthodox economic thought. However, with its evolving methodological and comprehensive structure, it continues to develop as an original positive school of thought. Post Keynesian economics deals with real economic problems in the world where uncertainty prevails while analyzing the economy. Thus, Post Keynesians try to explain how the economy works and how it should operate. Post Keynesians express the importance of historical time and expectations in this process in which uncertainty prevails. In this study, the fundamental propositions and methodological structure of Post Keynesian economics, which are not known in the literature, will be explained. In doing so, the methodological structure of Post Keynesian economics will be compared with the methodological structure of the neoclassical economics.

References

  • Arestis, P. (1992). The Post-Keynesian approach to economics: an alternative analysis of economic theory and policy. Aldershot: Edward Elgar Publishing.
  • Arestis, P. (1997). Money, pricing, distribution and economic ıntegration. London: Macmillan Press.
  • Ayata, S. (1987). Kapitalizm ve küçük üreticilik: Türkiye’deki halı dokumacılığı. Ankara: Yurt Yayınları.
  • Brown, A. (2003). Critical realism. In J. E. King (Eds.), The Elgar companion to Post Keynesian economics. Edward Cheltenham: Elgar Publishing.
  • Carabelli, A. M. & Cedrini, M. A. (2017). Keynes against Kalecki on economic method. Journal of Post Keynesian Economics, Vol. 40, No. 3.
  • Davidson, P. (1980). Post Keynesian economics: solving the crisis in economic theory. The Public Interest, Special Edition.
  • Davidson, P. (1994). Post Keynesian macroeconomic theory: a foundation for successful economic policies for the twenty-first century. Cheltenham: Edward Elgar Publishing.
  • Davidson, P. (2003). Setting the record straight on a history of Post Keynesian economics. Journal of Post Keynesian Economics, Vol. 26, No. 2.
  • Dow, S. (1991). The Post-Keynesian school. In D. Mair & A. G. Miller (Eds.). Edward Elgar, A modern guide to macroeconomic thought, Aldershot: Edward Elgar Publishing.
  • Dow, S. (2001). The Post Keynesian methodology. In R. Holt & S. Pressman (Eds.), A new guide to Post Keynesian economics, London: Routledge.
  • Downward, P. (1999). Pricing theory in Post Keynesian economics. Cheltenham: Edward Elgar.
  • Downward, P. (2003). Econometrics. In J. E. King (Eds.), The Elgar companion to Post Keynesian economics. Cheltenham: Edward Elgar.
  • Drakopoulos, S. A. (1999). Post-Keynesian choice theory. In P. A. O’Hara (Eds.), Encyclopedia of political economy, Vol. 2, London: Routledge.
  • Gerrard, B. (1996). Competing schools of thought in macroeconomics-an ever-emerging consensus. Journal of Economic Studies, Vol. 23, No. 1.
  • Hart, N. & Kriesler, P. (2014). Keynes, Kalecki, Sraffa: coherence?. Australian School of Business Research Paper, No. 2014 ECON 06.
  • Hart, N. & Kriesler, P. (2015). Post-Keynesian economics: A user’s guide. The Australian Economic Review, Vol. 48, No: 3.
  • King, J. E. (2002). A history of Post Keynesian economics Since 1936. Cheltenham: Edward Elgar Publishing.
  • King, J. E. (2013). A brief introduction to Post Keynesian macroeconomics. Wirtschaft und Gesellschaft, 39. Jahrgang, Heft 4.
  • Lavoie, M. (1992). Foundations of Post-Keynesian economic analysis. Aldershot: Edward Elgar Publishing.
  • Lawson, T. (1997). Economics and reality. London: Routledge Publishing.
  • Robinson, J. (1962). Essays in the theory of economic growth. London: Macmillan.
  • Setterfield, M. (1995). Historical time and economic theory. Review of Political Economy, 7(1).
  • Seyidoğlu, H. (1999). İngilizce-Türkçe ekonomi ve işletmecilik terimleri açıklamalı sözlük. İstanbul: Güzem Can Yayınları.

Post Keynesyen Ekonominin Metodolojik Temelleri

Year 2020, Volume: 7 Issue: 1, 147 - 160, 15.01.2020
https://doi.org/10.17541/optimum.599265

Abstract

Ekonomiye yeni bir yaklaşım olarak ortaya çıkan Post Keynesyen görüş, Ortodoks ekonomi düşüncesinin ortaya koyduğu ekonomi politikalarına karşı alternatif bir yaklaşım olarak gelişmektedir. Bununla birlikte, gelişen metodolojik yapısıyla özgün bir pozitif düşünce okulu olarak gelişimini sürdürmeye devam etmektedir. Post Keynesyen ekonomi, ekonomiyi analiz ederken belirsizliğin hâkim olduğu dünyada gerçek ekonomik sorunlarla ilgilenmektedir. Böylece Post Keynesyenler, ekonominin nasıl işlediğini ve nasıl işlemesi gerektiğini açıklamaya çalışmaktadırlar. Post Keynesyenler belirsizliğin hâkim olduğu bu süreçte tarihsel zamanın ve beklentilerin son derece önemli olduğunu ifade etmektedir. Bu çalışmada, ekonomi literatürde tam olarak bilinmeyen Post Keynesyen ekonominin temel önermeleri ve metodolojik yapısı açıklanacaktır. Bunu yaparken de Post Keynesyen ekonominin metodolojik yapısı Neo-klasik ekonominin metodolojik yapısıyla karşılaştırılarak ortaya konulacaktır.

References

  • Arestis, P. (1992). The Post-Keynesian approach to economics: an alternative analysis of economic theory and policy. Aldershot: Edward Elgar Publishing.
  • Arestis, P. (1997). Money, pricing, distribution and economic ıntegration. London: Macmillan Press.
  • Ayata, S. (1987). Kapitalizm ve küçük üreticilik: Türkiye’deki halı dokumacılığı. Ankara: Yurt Yayınları.
  • Brown, A. (2003). Critical realism. In J. E. King (Eds.), The Elgar companion to Post Keynesian economics. Edward Cheltenham: Elgar Publishing.
  • Carabelli, A. M. & Cedrini, M. A. (2017). Keynes against Kalecki on economic method. Journal of Post Keynesian Economics, Vol. 40, No. 3.
  • Davidson, P. (1980). Post Keynesian economics: solving the crisis in economic theory. The Public Interest, Special Edition.
  • Davidson, P. (1994). Post Keynesian macroeconomic theory: a foundation for successful economic policies for the twenty-first century. Cheltenham: Edward Elgar Publishing.
  • Davidson, P. (2003). Setting the record straight on a history of Post Keynesian economics. Journal of Post Keynesian Economics, Vol. 26, No. 2.
  • Dow, S. (1991). The Post-Keynesian school. In D. Mair & A. G. Miller (Eds.). Edward Elgar, A modern guide to macroeconomic thought, Aldershot: Edward Elgar Publishing.
  • Dow, S. (2001). The Post Keynesian methodology. In R. Holt & S. Pressman (Eds.), A new guide to Post Keynesian economics, London: Routledge.
  • Downward, P. (1999). Pricing theory in Post Keynesian economics. Cheltenham: Edward Elgar.
  • Downward, P. (2003). Econometrics. In J. E. King (Eds.), The Elgar companion to Post Keynesian economics. Cheltenham: Edward Elgar.
  • Drakopoulos, S. A. (1999). Post-Keynesian choice theory. In P. A. O’Hara (Eds.), Encyclopedia of political economy, Vol. 2, London: Routledge.
  • Gerrard, B. (1996). Competing schools of thought in macroeconomics-an ever-emerging consensus. Journal of Economic Studies, Vol. 23, No. 1.
  • Hart, N. & Kriesler, P. (2014). Keynes, Kalecki, Sraffa: coherence?. Australian School of Business Research Paper, No. 2014 ECON 06.
  • Hart, N. & Kriesler, P. (2015). Post-Keynesian economics: A user’s guide. The Australian Economic Review, Vol. 48, No: 3.
  • King, J. E. (2002). A history of Post Keynesian economics Since 1936. Cheltenham: Edward Elgar Publishing.
  • King, J. E. (2013). A brief introduction to Post Keynesian macroeconomics. Wirtschaft und Gesellschaft, 39. Jahrgang, Heft 4.
  • Lavoie, M. (1992). Foundations of Post-Keynesian economic analysis. Aldershot: Edward Elgar Publishing.
  • Lawson, T. (1997). Economics and reality. London: Routledge Publishing.
  • Robinson, J. (1962). Essays in the theory of economic growth. London: Macmillan.
  • Setterfield, M. (1995). Historical time and economic theory. Review of Political Economy, 7(1).
  • Seyidoğlu, H. (1999). İngilizce-Türkçe ekonomi ve işletmecilik terimleri açıklamalı sözlük. İstanbul: Güzem Can Yayınları.
There are 23 citations in total.

Details

Primary Language Turkish
Subjects Economics
Journal Section Articles
Authors

Ethem Esen 0000-0002-5356-1798

Kemal Yıldırım 0000-0002-3660-6886

Publication Date January 15, 2020
Submission Date July 31, 2019
Published in Issue Year 2020 Volume: 7 Issue: 1

Cite

APA Esen, E., & Yıldırım, K. (2020). Post Keynesyen Ekonominin Metodolojik Temelleri. Optimum Ekonomi Ve Yönetim Bilimleri Dergisi, 7(1), 147-160. https://doi.org/10.17541/optimum.599265
AMA Esen E, Yıldırım K. Post Keynesyen Ekonominin Metodolojik Temelleri. OJEMS. January 2020;7(1):147-160. doi:10.17541/optimum.599265
Chicago Esen, Ethem, and Kemal Yıldırım. “Post Keynesyen Ekonominin Metodolojik Temelleri”. Optimum Ekonomi Ve Yönetim Bilimleri Dergisi 7, no. 1 (January 2020): 147-60. https://doi.org/10.17541/optimum.599265.
EndNote Esen E, Yıldırım K (January 1, 2020) Post Keynesyen Ekonominin Metodolojik Temelleri. Optimum Ekonomi ve Yönetim Bilimleri Dergisi 7 1 147–160.
IEEE E. Esen and K. Yıldırım, “Post Keynesyen Ekonominin Metodolojik Temelleri”, OJEMS, vol. 7, no. 1, pp. 147–160, 2020, doi: 10.17541/optimum.599265.
ISNAD Esen, Ethem - Yıldırım, Kemal. “Post Keynesyen Ekonominin Metodolojik Temelleri”. Optimum Ekonomi ve Yönetim Bilimleri Dergisi 7/1 (January 2020), 147-160. https://doi.org/10.17541/optimum.599265.
JAMA Esen E, Yıldırım K. Post Keynesyen Ekonominin Metodolojik Temelleri. OJEMS. 2020;7:147–160.
MLA Esen, Ethem and Kemal Yıldırım. “Post Keynesyen Ekonominin Metodolojik Temelleri”. Optimum Ekonomi Ve Yönetim Bilimleri Dergisi, vol. 7, no. 1, 2020, pp. 147-60, doi:10.17541/optimum.599265.
Vancouver Esen E, Yıldırım K. Post Keynesyen Ekonominin Metodolojik Temelleri. OJEMS. 2020;7(1):147-60.

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