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The article presents the author' comments on the article "Heterodox United vs. Mainstream City? Sketching a Framework for Interested Pluralism in Economics," by Leonhard Dobusch and Jakob Kapeller. According to the author, he does not agree that unemployment was a main factor in which most post-Keynesians are interested. A response by Dobusch and Kapeller to the comments is also provided.

Alvin H. Hansen was one of the leading American economists from the 1930s to the 1960s. He was largely responsible for the popularization of Keynesian economics in the United States and Canada. He was responsible for the development of the stagnation thesis which explained 19th century American economic growth In terms of population growth, the frontier, and technology. The diminishing of these factors explained the decrease in the American economic growth rate in the 20th Century. Hansen's policy conclusions to prevent stagnation were Keynesian in nature and, as a result, Hansen was an early advocate of active fiscal policy in the United States. He differed with Terborgh. [ABSTRACT FROM AUTHOR]

Examines the textbook misinterpretations of Keynesian economics. Hicks-Hansen diagram; Horizontality of liquidity preference schedule; Development of Keynesian economics.