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Copyright © Cambridge Political Economy Society

review-article

Outside the mainstream

J. E. King*

*La Trobe University Australia

Abstract

The article summarises the contents of Josef Steindl's Economic Papers 1941–1988 and assesses the book's significance for current theoretical and policy debates. It discusses Steindl's (over-modest) autobiographical article and his critical appraisals of Sraffa, Keynes and Kalecki. It identifies the Kaleckian roots of Steindl's early work on the firm and regrets that here (and elsewhere) he failed to locate his own original ideas in the broader literature. It outlines Steindl's often rather under-developed views on growth and stagnation, and on saving and economic policy, and concludes by endorsing Steindl's unabashedly heretical programme for an alternative to the sterility of mainstream economics.

Manuscript received November 2, 1992; final version received September 15, 1993.


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