ABSTRACT
At points in previous chapters I have criticized the neoclassical aggregate supply of output function. In this chapter I expand that critique. Of special importance are those objections by writers who feel that the neoclassical synthesis is a serious distortion, even a perversion, of Keynes’s contribution to economic theory. The purpose is not to cover all critiques from writers influenced by Keynes. As noted in the introduction, there are many excellent presentations of post-Keynesian economics. This chapter restricts itself to those who address the implications of the neoclassical macro modeling of the supply side.
