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Erschienen in:
1996 | OriginalPaper | Buchkapitel
The Spheres of Industrial and Financial Circulation Revisited, and their Implications for Post Keynesian Economic Policy
verfasst von : Stephen Rousseas
Erschienen in: Money in Motion
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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Economic theories are historically bound products of their time. Their purpose is to explain the phenomenological world around them as they see it. Different theories, however, entail different weltanschauungs and thus the ‘realities’ they see are different — as are the policy prescriptions that follow from them.