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Reconstructing Macroeconomics : Structuralist Proposals and Critiques of the Mainstream by Lance TAYLOR; Lance Taylor is a nonfiction available to read on EtoBox.

What is Reconstructing Macroeconomics : Structuralist Proposals and Critiques of the Mainstream about?

<p>Macroeconomics is in disarray. No one approach is dominant, and an increasing divide between theory and empirics is evident.</p> <p>This book presents both a critique of mainstream macroeconomics from a structuralist perspective and an exposition of modern structuralist approaches. The fundamental assumption of structuralism is that it is impossible to understand a macroeconomy without understanding its major institutions and distributive relationships across productive sectors and social groups.</p> <p>Lance Taylor focuses his critique on mainstream monetarist, new classical, new Keynesian, and growth models. He examines them from a historical perspective, tracing monetarism from its eighteenth-century roots and comparing current monetarist and new classical models with those of the post-Wicksellian, pre-Keynesian generation of macroeconomists. He contrasts the new Keynesian vision with Keynes's General Theory, and analyzes contemporary growth theories against long traditions of thought about economic development and structural change.</p>

Who reads Reconstructing Macroeconomics : Structuralist Proposals and Critiques of the Mainstream?

Author

Lance TAYLOR; Lance Taylor

Publisher

Harvard University, Department of Sanskrit & Indian Studies

Published

2004

Language

EN

ISBN

9780674010734

Category

nonfiction

Subjects

Economics, Business, Technology