Essay: KEYNESIAN SCHOOL’S MOST FAMOUS MEMBERS

Sample Essay – Keynesian school 

The Keynesian school was founded by John Maynard Keynes, who inspired a set of five economists from Britain. These five economists (members) of the Keynes circus, namely, Richard Kahn, Joan Robinson, Piero Sraffa, James Meade and Austin Robinson, came jointly to examine Keynes’s paper immediately after it emerged in the year 1930 and afterward noted on the succeeding plans of general theory prior its publication[1].

Other members were Roy F Harrod, Abba Lerner, John Hicks and Nicholas Kaldor. Up to 1960, Cambridge Research followed the way influenced by F. Harrod. The Cambridge Research combines three pieces of work: the macroeconomic idea by John Maynard Keynes, distributional prominence by Michal Kalecki and value theory by Pierro Sraffa.

[1] The Cambridge Keynesians, retrieved on 22nd, March, 2008, available at http://cepa.newschool.edu/het/schools/cambridge.htm

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