Weeks The Irreconcilable Inconsistencies of Neoclassical Macroeconomics

A False Paradigm
1. Auflage 2012
ISBN: 978-1-136-34368-1
Verlag: Taylor & Francis
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 256 Seiten

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 Wirtschaftswissenschaften Wirtschaftswissenschaften: Allgemeines

Inhaltsverzeichnis

Introduction Part I: 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 II: Presentation of the Basic Model 5 The Classical False Dichotomy Model 6 Logically Consistent Money-neutral Models 7 The "Complete" Model with a Wealth Effect Annex to Part I: Keynes and Aggregation Part III: 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 IV: The "Open" Economy: Presentation and Critique 12 The "Open Economy" Neoclassical Model Annex to Chapter 12: Open Economy Algebra 13 Open Economy Analysis 14 Reassessing Monetary and Fiscal Policy Part V: Paradigm Regained: Reclaiming Policy 15 Decommissioning Policy Tools 16 The Critique Summarized

Über Autor(innen)

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