G. C. Harcourt. The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers.
History of Economics Review, 2007, Summer, 46
-
- $5.99
-
- $5.99
Publisher Description
G. C. Harcourt. The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers. Cambridge: Cambridge University Press. 2006. Pp. x + 205. ISBN 13 978 0 521 83387 5. A$150 (hb). Readers of this journal may have read Harcourt (2007), which summarises the key elements of the book under review here. As Geoff Harcourt is a foundation member of HETSA, on the editorial board of this journal and a very frequent participant in the HETSA annual conferences (despite residing in Cambridge), there is no need to introduce him formally in this review. It is adequate to say that Harcourt witnessed the followers of John Maynard Keynes contribute to the postwar Keynesian agenda when they were at the height of their intellectual powers. Harcourt was also a central figure in the 1954-75 'Cambridge' debates on the theory of capital between Cambridge University (CU) and Massachusetts Institute of Technology (MIT) in Cambridge, USA (with the intellectual victory conceded by MIT to CU). There is, in short, no more appropriate living economist to write a book that presents an integrated history of the contributions made by the Cambridge pioneers from the 1930s through to the rise of post-Keynesian economics.