Teaching Post Keynesian Economics

This book contends that post Keynesian economics has its own methodological and didactic starting point, and its realistic analysis comes close to a much-needed factor in the current economic and financial crisis. At a time when the original message of Keynes' General Theory is no longer present in the most university syllabuses, it book celebrates the uniqueness of teaching post Keynesian economics, providing comparisons with traditional economic rationale and illustrating the advantages of the post Keynesian economic teaching and thinking. Against a backdrop in which only textbooks assuming general equilibrium and using the microeconomic foundation of rational choice theory are widely available, the expert contributors, eminent figures in the field, hold that Keynes and The General Theory possess indispensable insight that would furnish students with a clearer understanding of the world economy in which they live. They explore the teaching of post Keynesian economics from a number of different perspectives, covering topics such as open system theorizing, pluralism in teaching, rhetoric in the spirit of Keynes, uncertainty, expectations and money. A critique of mainstream of traditional economic textbooks is also provided. This highly unique and fascinating book will provide an invaluable reference tool for teachers and researchers in post Keynesian Economics, as well as their students.