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Keynes, Piketty, and Basic Income

2015; De Gruyter; Volume: 10; Issue: 1 Linguagem: Inglês

10.1515/bis-2015-0015

2194-6094

Geoff Crocker,

Income, Poverty, and Inequality

Abstract Economic theory is traced through neo-classicism, Keynes, monetarism, and Thomas Piketty. I argue that Keynes achieved an established radical intellectual breakthrough, a consistent verifiable model, and successful policy implementation, whereas neo-classical economics and later monetarism offered only partial analyses. Thomas Piketty’s