The Irreconcilable Inconsistencies of Neoclassical Macroeconomics: A False Paradigm

ISBN-13: 9781138799158 / Angielski / Miękka / 2014 / 304 str.

John Weeks;?Abar;?Abar

Opis

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.

Spis treści

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

O autorze

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