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date: 27 November 2020

Abstract and Keywords

Post-Keynesian economics (PKE) is often claimed to embrace and employ interdisciplinary insights and is, ipso facto, methodologically and analytically superior to the comparatively barren mainstream alternative. Given the emphasis placed on interdisciplinarity, it is reasonable to ask what the cash value has been, in terms of PKE, economics in general, and the wide array of other disciplines that are and have been candidates for cross-pollination. This chapter explores the ways in which PKE has been, and still might be, used to illuminate issues and strengthen analysis in other disciplines. The finding, somewhat surprisingly, is that very little has been done despite the scope for dissemination, if not expansion. Interdisciplinary applications of economics can take one of two basic forms: the absorptive approach and the insertive approach. This chapter also discusses the link between post-Keynesian economics and the theory of distributive justice.

Keywords: post-Keynesian economics, interdisciplinarity, absorptive approach, insertive approach, distributive justice

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