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Why have post-Keynesians had (relatively) little to say on the economics of the environment?
Courtesy of Inderscience Publishers
This paper examines the reasons for the relative lack of post-Keynesian work on the economics of the environment. The paper draws on new questionnaire and interview data collected by the author from leading contemporary post-Keynesians. The data suggest that there are many reasons why post-Keynesians have had little to say on the environment. The main reasons are: post-Keynesians have adopted a strategic focus on criticising orthodox monetary and pricing theory; they have used static tools ill-equipped for analysing the environment; and they have focused more on growth and full employment.
Keywords: post-Keynesianism, environmental economics, questionnaire, valuation, user cost, post-Keynesian economics, ecological economics
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