Keynes and the Neoclassical Synthesis: Einsteinian versus Newtonian Macroeconomics

Dario Togati

Anno: 1998
Rilegatura: Hardback
Pagine: 416 p.
Testo in English
Peso: 862 gr.
  • EAN: 9780415183963
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Descrizione
This remarkable volume provides a critical assessment of Neoclassical Synthesis, long regarded as the standard interpretation of Keynes. Taking issue with this orthodoxy, the author offers a unique interpretation of the foundation of modern macroeconomics, arguing that the subject derives from the conflict between two research programmes inspired by different paradigms in physics: the Newtonian programme of Hicks and the Einsteinian approach of Keynes. Original and provocative in its reflections, Keynes and the Neoclassical Synthesis not only offers a fresh interpretation of Keynes but makes an important contribution to debates within post-Keynesian economics. It will thus be of interest to all those interested in Keynes' place in the history of economic thought and macroeconomic methodology.