pigou

The sequence of antagonistic 'revolutions' and counter-revolutions' between Keynesian and Classical Economics was in the end quite sterile. Fostering a dialogical conception of economics argument, we reconstruct the Pigouvian analytical 'node' and the debate unfolding between Keynes and Pigou. The Cambridge 'Keynesians' Joan Robinson and Richard Kahn broke that fledging dialogue and infelicitously abandoned a number of Keynes' - and also some of their own - central conceptions. Re-thinking this dialogue leads to new analytical paradigms and perspectives.

GERHARD MICHAEL AMBROSI is Professor for European Economic Policy at the University of Trier, Germany (Jean Monnet Chair for European Economic Policy) and Director of the Centre for European Studies at the University of Trier. He graduated from Berlin Free University and did post graduate work at, among other places, Cambridge, UK. He published on Keynesian economics and on European economics.