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Macroeconomic Methodology - A Post-Keynesian Perspective

Language EnglishEnglish
Book Hardback
Book Macroeconomic Methodology - A Post-Keynesian Perspective Jesper Jespersen
Libristo code: 05097437
Publishers Edward Elgar Publishing Ltd, August 2009
Jesper Jespersen presents a treatise on the importance of the choice of methodology within macroecon... Full description
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Jesper Jespersen presents a treatise on the importance of the choice of methodology within macroeconomics. Given that no scientifically based macroeconomic policy recommendation should be established without an evaluation of the methods employed, this book gives a clear exposition of how proper macroeconomic analysis should be undertaken. Furthermore, it is convincingly argued that on of the lasting contributions of John Maynard Keynes was his emphasis on methodology; that macroeconomic consequence of uncertainty could not be analysed within the established general equilibrium framework. It is due to post-Keynesian economics supported by critical realism that the understanding of Keynes' methodology has been resurrected, which has eventually resulted in renewed debate on realistic macroeconomic policies to restore full employment without inflation. "Macroeconomic Methodology" is an inquiry into the question of how to conduct a proper scientific analysis of uncertainty within macroeconomics. It will be of great interest to scholars of the philosophy of social sciences and methodology, as well as post-Keynesian and heterodox economists.

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About the book

Full name Macroeconomic Methodology - A Post-Keynesian Perspective
Language English
Binding Book - Hardback
Date of issue 2009
Number of pages 272
EAN 9781845427368
Libristo code 05097437
Weight 498
Dimensions 156 x 234 x 25
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