Post-Keynesian economic was formed and developed by economists such as Joan Robinson and Nicholas Kaldor who believed Keynesian economics was based on disequilibrium and uncertainty, and that challenges the general equilibrium assumptions of neo-classical theory. The main aim of post-Keynesian economics is to complete the unfinished Keynesian revolution. Post-Keynesian economists fundamentally used ideas from Keynes and his concept of effective demand, Marxist economist Michael Kalecki to provide a critique of neo-classical economics beliefs and an …showed first 75 words of 1329 total…

…showed last 75 words of 1329 total…by stock exchanges, but that does not mean that subsequent output decisions are influenced by those mistakes and stock changes. This absorbs the shock of misleading. REFERENCE AND BIBLIOGRAPHY 1. R.G Castle �g The Evolution of Economic ideas�h, Oxford University Press, 1991 2. A.S Eichner �g A guide to Post-Keynesian Economics�h, Sharp inc, 1979 3. P. Arestis �g Recent developments in Post-Keynesian Economics�h, Edward Elgar, 1992 4. P. Arestis �g Post-Keynesian approach to economics�h , Edward Elgar, 1992 5