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Carte Beyond Microfoundations David Colander

Beyond Microfoundations

Post Walrasian Economics

Autor: David Colander
Limbă: engleză
Legare: Carte broșată
Editura: Cambridge University Press
Disponibilitate: În depozitul extern
Expediem în 10-18 zile
320.56 lei
Beyond Microfoundations discusses the foundations for a post-Walrasian macroeconomics and, in doing...

Informații despre carte

Autor
David Colander
Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2006
Pagini
284
EAN
9780521034586
ISBN
0521034582
Enbook ID
02019325
Editura
Cambridge University Press
Greutate
420
Dimensiuni
152 x 229 x 16

Descriere completă

Beyond Microfoundations discusses the foundations for a post-Walrasian macroeconomics and, in doing so, carries the work of Robert Clower and Axel Leijonhufvud to the present. This book spells out both why an alternative approach to macro is needed, and what the essence of the approach will be. This post-Walrasian approach to macro is neither Keynesian nor Classical, both of which have Walrasian foundations, but it offers an approach to macro in which Walrasian economics is turned on its head. Specifically, it rejects the Walrasian ad hoc assumptions of the existence of a unique equilibrium and of simple dynamics. That rejection leads one to a fundamentally different conception of macro than most macroeconomics have implicit in their formal model. Post-Walrasian macroeconomics offers a vision of macro in which micro foundations devoid of an explicit macro context have no place, but one in which institutions have a fundamental role. Post-Walrasian macroeconomics provides a foundation for an alternative macroeconomics for the twenty-first century built on the edges of chaos.

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