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Uncertainty, power, institutions, and crisis: implications for economic analysis and the future of capitalism

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  • Amitava Krishna Dutt

    (Department of Political Science, University of Notre Dame; FLACSO, Quito, Ecuador)

Abstract
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Suggested Citation

  • Amitava Krishna Dutt, 2015. "Uncertainty, power, institutions, and crisis: implications for economic analysis and the future of capitalism," Review of Keynesian Economics, Edward Elgar Publishing, vol. 3(1), pages 9-28, January.
    • Handle: RePEc:elg:rokejn:v:3:y:2015:i:1:p9-28
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    References listed on IDEAS

    as
    1. Dutt, Amitava Krishna, 1984. "Stagnation, Income Distribution and Monopoly Power," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 8(1), pages 25-40, March.
    2. Nishimura, Kiyohiko G. & Ozaki, Hiroyuki, 2007. "Irreversible investment and Knightian uncertainty," Journal of Economic Theory, Elsevier, vol. 136(1), pages 668-694, September.
    3. Tony Lawson, 2013. "What is this 'school' called neoclassical economics?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 37(5), pages 947-983.
    4. David Colander & Richard Holt & Barkley Rosser, 2004. "The changing face of mainstream economics," Review of Political Economy, Taylor & Francis Journals, vol. 16(4), pages 485-499.
    5. David Colander, 2018. "The Death Of Neoclassical Economics," Chapters, in: How Economics Should Be Done, chapter 5, pages 46-62, Edward Elgar Publishing.
    6. J. M. Keynes, 1937. "The General Theory of Employment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(2), pages 209-223.
    7. Amitava Krishna Dutt, 2003. "On Post Walrasian Economics, Macroeconomic Policy, and Heterodox Economics," International Journal of Political Economy, Taylor & Francis Journals, vol. 33(2), pages 47-67.
    8. Paul Davidson, 1991. "Is Probability Theory Relevant for Uncertainty? A Post Keynesian Perspective," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 129-143, Winter.
    9. G. Hodgson, 2007. "What Are Institutions?," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 8.
    10. William M. Dugger, 1980. "Power: An Institutional Framework of Analysis," Journal of Economic Issues, Taylor & Francis Journals, vol. 14(4), pages 897-907, December.
    11. Guzzini, Stefano, 1993. "Structural power: the limits of neorealist power analysis," International Organization, Cambridge University Press, vol. 47(3), pages 443-478, July.
    12. Bartlett,Randall, 1989. "Economics and Power," Cambridge Books, Cambridge University Press, number 9780521355629, September.
    13. Bhaduri, Amit & Marglin, Stephen, 1990. "Unemployment and the Real Wage: The Economic Basis for Contesting Political Ideologies," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 14(4), pages 375-393, December.
    14. George A. Akerlof, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(4), pages 543-569.
    15. David Dequech, 2007. "Neoclassical, mainstream, orthodox, and heterodox economics," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 30(2), pages 279-302.
    16. Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change," Introductory Chapters, in: Understanding the Process of Economic Change, Princeton University Press.
    17. Amitava Krishna Dutt, 2014. "Dimensions of Pluralism in Economics," Review of Political Economy, Taylor & Francis Journals, vol. 26(4), pages 479-494, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic crisis; financial crisis; uncertainty; power; institutions; neoclassical economics; political economy; heterodox macroeconomics;
    All these keywords.

    JEL classification:

    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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