ABSTRACT

The preceding thought-provoking articles by Gordon, Vickers, Fried, and Crotty illustrate the many similarities, and quite a few differences, in ideas on the theory of investment posited by economists who consider themselves Post Keynesians. The similarities are not surprising in light of the general disagreement between neoclassical and Post Keynesian investment theories. The differences, it seems to me, occur mostly when the Post Keynesians allow neoclassical precepts to enter into their basically non-neoclassical models.