Keynes and the Neoclassical Synthesis: Einsteinian versus Newtonian Macroeconomics (Routledge Studies in the History of Economics)

Type
Book
Authors
ISBN 10
0415183960 
ISBN 13
9780415183963 
Category
Unknown  [ Browse Items ]
Edition
 
Publication Year
1998 
Publisher
Pages
420 
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Abstract
 
Description
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. - from Amzon 
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