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Authors:

  • Stephen Marglin

Excerpt

Raising Keynes: A General Theory for the 21st Century. Stephen Marglin, February 2018, "Keynes wrote the General Theory with three goals in mind: to transform policy, theory, and economic method. My book, Raising Keynes, scheduled for publication in 2019, argues that he failed in his quest for a new method, and this failure undermined the theoretical novelty of the General Theory, so that it relatively quickly was assimilated to the economic canon as a more sophisticated argument about sand in the wheels."