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Keynes and the Neoclassical Synthesis

Dario Togati
€71.99
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A01=Dario Togati
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Author_Dario Togati
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Category=KCZ
data
economic methodology
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equilibrium
Ex-ante Saving
Excess Supply
Fixed Money Wages
general
General Equilibrium Theory
Hicks's Analysis
Hicks’s Analysis
history of economic thought
Ideal Type Methodology
Involuntary Unemployment
Keynes's Aggregates
Keynes's Analysis
Keynes's Concepts
Keynes's Liquidity Preference Theory
Keynes's Theory
keyness
Keynes’s Aggregates
Keynes’s Analysis
Keynes’s Concepts
Keynes’s Liquidity Preference Theory
Keynes’s Theory
liquidity
Liquidity Preference
Long Run Equilibrium
macroeconomic paradigm conflict
macroeconomic paradigms
microfoundations debate
Money Wage
Money Wage Rigidity
Neoclassical Synthesis
post-Keynesian theory
preference
psychological
pure
Quantity Equation
Representative Agent Device
Representative Agent Model
research programme comparison
Saving Investment Relationship
Short Run Expectations
Temporary Equilibrium Method
theory
Unique Causal Role

Product details

  • ISBN 9781138007178
  • Weight: 770g
  • Dimensions: 156 x 234mm
  • Publication Date: 08 Apr 2014
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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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.

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