Keynes and the Neoclassical Synthesis: Einsteinian versus Newtonian Macroeconomics

Keynes and the Neoclassical Synthesis: Einsteinian versus Newtonian Macroeconomics

by Dario Togati
     
 

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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…  See more details below

Overview

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.

Product Details

ISBN-13:
9781134670284
Publisher:
Taylor & Francis
Publication date:
10/12/2012
Series:
Routledge Studies in the History of Economics
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
416
File size:
750 KB

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