Interpreting Macroeconomics: Explorations in the History of Macroeconomic Thought

Interpreting Macroeconomics: Explorations in the History of Macroeconomic Thought
ISBN-10
1134741065
ISBN-13
9781134741069
Category
Business & Economics
Pages
256
Language
English
Published
2012-10-12
Publisher
Routledge
Author
Roger E. Backhouse

Description

Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.

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