BEING POSTKEYNESIAN IN THE MEDIUM TERM AND CLASSICAL-MARXIAN IN THE LONG TERM?
This note questions the relevance of the postKeynesian perspective as a theory of long-term positions when the notion of "long term" is taken in a sense conform to the Classical-Marxian perspective. A framework is put forward in which the postKeynesian model is described as the possible theory of a medium term. The existing confusion surrounding these issues obscures the discussion between economists belonging to either one perspective.
G. Duménil, D. Lévy, "Being postKeynesian in the medium term and classical-Marxian in the long term?", 2012, EconomiX, PSE : Paris.
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