Post-Keynesian Economics are the economics that succeed to the tradition
of "Economics of Welfare" that the Cambridge schoool advocated
and have developed it. In the history of the economic, it is based on Marshall's
Biological Economics and J.M Keynes “General theory” and “Monetary theory”
which are the money production theory of employment. And it is a generic
name of economics that "Economic system for the market and the plan"
by M.Caretski who is a simultaneous discoverer of “Kalecki theory”, "Theory
of production" by P.Sraffa, and "Economics research on the evolution
of the system" by Veblen who is the founder of Institutional Economics
in the USA.
An economic thesis background of the Ogata laboratory started from the
research of macroeconomics and micro bases of macroeconomics by Prof. Kawaguchi’s
'Keynesian economics research' and 'Finance theory'. In addition, a chance
of going abroad to study in Britain and the United States has expanded
the theory and thought. The result has been brought together in the main
work “Undercurrent of the modern economics: Marshall Keynes Kalecki”
(Chuo University Publication Service, 1995).
At the Cambridge University, studying under Prof. J. Robinson and Prof.
N. Kaldor, Keynesian "Generalization of the general theory" has
been advanced. At United States New Jersey State Rutgers University, I
belonged post Keynesianism research organization (note 1) which was organized
by Prof. Davidson, Prof. Eichner, Prof. Kregel and I was in the member
of the editorial staff of economics magazine called Journal of Post Keynesian
Economics. Moreover, organized "Post Keynesian economics research
society" in Japan and a series of post Keynesian library is published
from the Japanese publisher.
(note 1) "Trend of the post Keynesian research in the United States"
by Toshio Ogata in “Economic Research Institute Annual Report” (No.12,