Abstract
The logic and operation of the post-Keynesian model is actually quite simple. It only appears difficult because we may not be accustomed to its method of analysis. The general approach presented here is founded in Joan Robinson’s ‘generalisation of the General Theory’, especially [85].
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© 1973 J. A. Kregel
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Kregel, J.A. (1973). The Basic Model — the Consumption Sector. In: The Reconstruction of Political Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01944-1_4
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DOI: https://doi.org/10.1007/978-1-349-01944-1_4
Publisher Name: Palgrave Macmillan, London
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Online ISBN: 978-1-349-01944-1
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