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POST KEYNESIAN PERSPECTIVES AND COMPLEX ECOLOGIC–ECONOMIC DYNAMICS
Author(s) -
Rosser, Jr J. Barkley
Publication year - 2011
Publication title -
metroeconomica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.256
H-Index - 29
eISSN - 1467-999X
pISSN - 0026-1386
DOI - 10.1111/j.1467-999x.2010.04094.x
Subject(s) - economics , perspective (graphical) , dynamics (music) , capital (architecture) , complex dynamics , keynesian economics , new keynesian economics , capital accumulation , neoclassical economics , sociology , computer science , geography , mathematics , monetary policy , profit (economics) , mathematical analysis , pedagogy , archaeology , artificial intelligence
This paper considers the implications of complex ecologic–economic dynamics for three broad, Post Keynesian perspectives: the uncertainty perspective, the macrodynamics perspective and the Sraffian perspective. Catastrophic, chaotic and other complex dynamics will be seen as reinforcing the conceptual foundations of Keynesian uncertainty. Predator–prey models will be seen as deeply linked to Post Keynesian macrodynamic models. Finally, certain cases in ecologic–economic systems will be seen as generating such Sraffian, capital theoretic conundra as reswitching. Ecologic–economic models considered besides predator–prey will include fisheries, forestry, lake dynamics and global climatic–economic dynamics.