Causality vs. Interdependence - A Distinction That Conveys a World’s View

Enrico Bellino*, Sebastiano Nerozzi*

*Corresponding author

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The contraposition between causality and interdependence is used to interpret the theoretical-analytical structure of the classical and Keynesian theories of value, income distribution, and employment.
Original languageEnglish
Title of host publicationPasinetti and the Classical Keynesians - Nine Methodological Issues
Pages112-156
Number of pages45
Publication statusPublished - 2021

Keywords

  • Causality vs. interdependence
  • Classical political economy
  • Classical-Keynesian approach
  • Cumulative causationDavid Ricardo
  • David Ricardo
  • Effective demand
  • Income distribtuion
  • John Maynard Keynes
  • Karl Marx
  • Keynesian political economy
  • Michal Kalecki
  • Nicholas Kaldor
  • Path Dependency
  • Piero Sraffa
  • Sraffa's Standard commosity
  • Value

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