Routledge In Defense of Post-Keynesian and Heterodox Economics - Routledge

This Routledge volume provides a comprehensive defence of post-Keynesian and heterodox economic theories against mainstream criticisms, examining how alternative economic perspectives challenge the dominant theories taught in universities and influencing government policy worldwide. The book addresses the historical role of mainstream economics in contributing to major economic crises, whilst exploring the political and institutional resistance to heterodox approaches from economists and financial elites who benefit from existing theoretical frameworks. By presenting reasoned responses to critics, this work establishes the intellectual legitimacy and practical relevance of post-Keynesian methods, offering readers a thorough understanding of why these alternative schools of economic thought remain marginalised despite their explanatory power. Part of the Routledge Advances in Heterodox Economics series, the book serves academics, economists, and policymakers seeking to understand economic systems beyond mainstream orthodoxy.