The Irreconcilable Inconsistencies of Neoclassical Macroeconomics

A False Paradigm
1. Auflage 2014
ISBN: 978-1-138-79915-8
Verlag: Taylor & Francis Ltd

Buch, Englisch, 330 Seiten, Format (B × H): 158 mm x 234 mm, Gewicht: 464 g

Reihe: Routledge Frontiers of Political Economy

In the course of this book it is argued that the loss of what is essentially "macro" in Keynes is the result of a preference for a form of equilibrium analysis that gives unqualified support to the ideology of free markets. In the case of Marx, his theory of exploitation and from this the stress on class struggle, led to an almost complete neglect of his contribution to the analysis of the aggregate demand and supply of commodities.

Autoren/Hrsg.

Weeks, John

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie

Inhaltsverzeichnis

Introduction Part 1: Methodology of the Neoclassical Macro Model 1. The Demand Side of the Neoclassical Model 2. The Neoclassical Model with a Supply Side 3. Comparative Statics and Equilibrium 4. Money in the Neoclassical Model Part 2: Paradigm Lost: The Basic Neoclassical Model 5. The Classical False Dichotomy Model 6. Logically Consistent Money-Neutral Models 7. The "Complete" Model with a Wealth Effect Part 3: A Critique of Self-Adjusting Full Employment 8. Neutrality and Full Employment 9. Expectations and Full Employment 10. Full Employment and Multi-Commodity Production 11. Full Employment and Disequilibrium Part 4: The "Open" Economy: Presentation and Critique 12. Introduction to "Open Economies" 13. The Neoclassical Open Economy 14. Reassessing Monetary and Fiscal Policy Part 5: Paradigm Regained: Reclaiming Policy 15. Neoclassical Inflation: The Keystone of Reactionary Macro Policy 16. Decommissioning Policy Tools 17. The Critique Summarized

Über Autor(innen)

John Weeks is Professor Emeritus and Senior Researcher at SOAS, University of London, UK