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Economía: teoría y práctica

versión On-line ISSN 2448-7481versión impresa ISSN 0188-3380


BOYER, Robert. Poskeynesianos y regulacionistas: ¿Una alternativa a la crisis de la economía estándar?. Econ: teor. práct [online]. 2011, n.35, pp.11-43. ISSN 2448-7481.

Post-Keynesian and régulation research programs have in common to have constructed an alternative to standard economics whose inability to account for the stylized facts observed since the 1970s, and even more in the current crisis, is clear. A first convergence has been about the modeling of the economic post-war growth as a particular form of cumulative causation theory. A second one relates to the analysis of speculative financial booms that have been recurring since the nineties. The relative rarity of these convergences can be explained firstly by the fact that regulation approach is referring more to a Marxist and Kaleckian than typically Keynesian tradition. Secondly, these two research programs rely upon to different epistemological stances: a grand and universal theory one hand, a series of historically and spatially located analyses on the other. The depth of the crisis in mainstream economics implicit epistemology, its founding concepts and methods opens a space for collaboration between post-Keynesians and regulationists. The article suggests four avenues for such a cooperation: recognition of the role of institutions, and not just of economic policy, in offsetting market failures, systematic review of the empirical relevance of the various classes of models and not only of their theoretical coherence, enrichment of typically Keynesian mechanisms in order to reflect the multiple interdependencies found in contemporary economies, and finally association to any long-term growth model of the various factors that may destabilize it, according to a process endometabolism, typical of a capitalist economy. The adverse evolution of academic institutions, both at the national and global level, is perhaps the main obstacle to the implementation of such an intellectually challenging research agenda.

Palabras llave : poskeynesian; regulation approach; economic growth models; economic crisis.

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