Krämer, Hagen
:
Power, Wages, and the Market: Kurt Rothschild’s Vision of Distribution in a Post-Keynesian Framework
Since income distribution is a central theme in Rothschild’s research, this paper examines his contributions to post‐Keynesian distribution theory. Following a brief overview of his life, academic formation, and the historical context that shaped his thinking, the paper explores his theoretical innovations, emphasizing his rejection of mono‐causal explanations in favor of an approach that integrates economic, political, and social dynamics.