What is the post-keynesian economy?

Postynesian Economics is a freely defined school of economic thinking that is trying to build on the work of British economist John Maynard Keynes. Keynes' economic theories have become very popular in the mid -20th century, because its proposals that governments need to make economic adjustments to help indicate the economies in the face of neoclassical economic notion of balance. The term post-keynesian Economics has grown out of this initial split, but also arose from the fact that many felt that Keynes's work was incorrectly interpreted. Although it is a relatively friendly movement, post-Klíčov followers generally agree on the need to modify economic policies based on events in the real world rather about any prejudice about how the economy should ideally be played. In fact, one of the principles of theory may not be a definitive solution. Some post-keynesiani assumed that procedures that work for an economy of one dozenDa may be completely unsuitable for others, even if their current problems are similar.

in a way that uncertainty is the core of the post-keynesian movement. The purpose of the movement is that the basic neoclassical economic theory that free markets are outflowing and flowing and eventually exporting over time is simply unrealistic due to many variables that exist in the modern world. According to post-keynesians, these variables should be taken into account and these variables should be taken into account in response to these variables.

Therefore, there is no automatic economic balance, because those who decide in economies rely on past history to create their opinions. The expectations of this decision Makers also play a major role in determining how the economy is developing. In this way, Post-Keynesian Economics copes directly with the Keynes who theorized how to explore alternative methods and possibly in rean action for an uncertain future.

Another unifying feature of Post-Keynesian Economics is that in determining the economic climate it focuses very much on the role of institutions in society. While the neoclassical economy often alleviates the importance of institutions, political and financial, for the benefit of individuals in society, most post-keynesians believe that such a model is naive in the complex modern world. As a result, they believe that such institutions have great power over the economy, and if necessary, they should control this power in the form of income or investment policies that stimulate economic growth.