ABSTRACT
In this chapter I want to draw attention to some problematic aspects of postKeynesian macroeconomic analysis. I do not intend to offer a comprehensive critique, which would require more space than is available to me here, but merely to point out in a general way, with a view to provoking discussion, what I regard as the main deficiencies of this approach.1 These deficiencies stem from a single cause, the failure of the post-Keynesian tradition to pay adequate attention to the theory of value and distribution.
