Beyond Microfoundations : Post Walrasian Economics

Language: English

Published by Cambridge University Press, 2006

0521034582 / 9780521034586

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - 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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Title
Beyond Microfoundations : Post Walrasian Economics
Author
David Colander
Publisher
Cambridge University Press
Publication year
2006
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
0521034582
ISBN 13
9780521034586
Item weight
465 grams
Dimensions
229x152x17 mm

AHA-BUCH GmbH

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