Keynes and the Cambridge Keynesians

Through analysis of Luigi Pasinetti's recent book, “Keynes and the Cambridge Keynesians”, the paper deals with three distinct but closely interconnected issues: first, interpretation of Keynes's theory as focused on a monetary production economy and on the principle of effective demand; second, the personalities and the theoretical contributions of the major protagonists of the Keynesian school in Cambridge (Kahn, Joan Robinson, Kaldor, Sraffa and Goodwin); third, the nature of the 'vision' of the economy and of the theoretical model of a dynamic economy undergoing structural change, developed over a period of many years by Pasinetti himself.Keynesian Theory, Cambridge School, Post-Keynesian Theory, Growth, Structural Change