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Macroeconomic Methodology - A Post-Keynesian Perspective

Name: Macroeconomic Methodology - A Post-Keynesian Perspective
Brand: Edward Elgar Publishing Ltd
SKU: 04743249
Price: 43.59 EUR
Availability: InStock
Author: Jesper Jespersen
ISBN: 9780857937582

Jesper Jespersen

Language

English

Book Paperback

Libristo code: 04743249

Publishers Edward Elgar Publishing Ltd, July 2011

Furthermore, it is convincingly argued that one of the lasting contributions of John Maynard Keynes... Full description

Libristo code: 04743249

107 b

43.59 € VAT included

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Furthermore, it is convincingly argued that one of the lasting contributions of John Maynard Keynes was his emphasis on methodology; that macroeconomic consequences of uncertainty could not be analysed within the established general equilibrium framework. It is due to post-Keynesian economics supported by critical realism that the understanding of Keynes's methodology has been resurrected, which has eventually resulted in renewed debate on realistic macroeconomic policies to restore full employment without inflation. Macroeconomic Methodology is an inquiry into the question of how to conduct a proper scientific analysis of uncertainty within macroeconomics. It will be of great interest to scholars of the philosophy of social sciences and methodology, as well as post-Keynesian and heterodox economists.