Abductive analogies between Keynes’ monetary-production economics and Einstein’s theories of relativity

Abstract

In this paper, it is argued that there exist different interdisciplinary abductive analogies between Keynes’ monetary-production theory and Einstein’s theories of relativity. Based on some of the equations in Einstein’s special theory of relativity vis-à-vis the fundamental equation describing the equilibrium condition in Keynes’ model version of a realistic entrepreneur economy—a complementary scheme to an algebraic-topological interpretation of Keynes’ vision is outlined within the Post Keynesian scientific research programme.

Keywords:

• Algebraic-topological scheme
• monetary-production economics
• Peircean abductive analogies
• Post Keynesianism
• theories of relativity

Additional information

Notes on contributors

Jakob Pedersen

Jakob Pedersen is at Rigsrevisionen, Kobenhavn, Denmark.