Methodological Foundations of Macroeconomics: Keynes and Lucas
- ISBN-10
- 0521392942
- ISBN-13
- 9780521392945
- Category
- Biography & Autobiography
- Pages
- 269
- Language
- English
- Published
- 1991-09-26
- Publisher
- Cambridge University Press
- Author
- Alessandro Vercelli
Description
An investigation of the methodological and epistemological foundations of macroeconomic theory. The author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists. He concludes that a Keynesian conception of macroeconomics as a discipline autonomous from microeconomics and open to theoretical and methodological innovation should be defended.
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