The problematic nature and consequences of the effort to force Keynes into the conceptual cul-de-sac of Walrasian economics
指出,经济学界普遍误解凯恩斯《通论》的核心论点,根源在于凯恩斯范式与一般均衡范式根本对立,强行调和只会导致曲解,并阻碍理解凯恩斯对市场运行与政策解决方案的贡献。
The all-too-common tendency to ignore, misunderstand, misinterpret or misrepresent the central arguments of Keynes’s General Theory is the result not of flaws or a lack of clarity in their expression but rather of Kuhnian incommensurability. The paradigms of Keynes and of General Equilibrium are fundamentally at odds. Attempts to reconcile Keynes’s arguments with, or to address his arguments within, a General Equilibrium context are thus likely to entail misunderstanding, misinterpretation and misrepresentation, and an inclination to ignore their original meaning. At a time when his arguments are as important as ever, methodological intransigence still prevents much of the profession from understanding that he offers a template for developing a better understanding of the functioning, and malfunctioning, of market systems, and that he identifies crucially important policy solutions within this framework.