067. Economic theories: Post-Keynesian Economics

What this episode covers

Post-Keynesian economics, building on John Maynard Keynes’s work, emphasizes uncertainty, financial instability, and income distribution, offering a heterodox alternative to neoclassical and new Keynesian economics.Developed by Joan Robinson, Hyman Minsky, Paul Davidson, and others in the mid-20th century, it emerged from dissatisfaction with mainstream equilibrium models. It extends Keynes’s focus on demand-driven economies, rejecting assumptions of automatic market clearing.

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How long is this episode of Learn Finance 101?

This episode is 4 minutes long.

When was this Learn Finance 101 episode published?

This episode was published on January 5, 2026.

What is this episode about?

Post-Keynesian economics, building on John Maynard Keynes’s work, emphasizes uncertainty, financial instability, and income distribution, offering a heterodox alternative to neoclassical and new Keynesian economics.Developed by Joan Robinson, Hyman...

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