Interpreting Macroeconomics

Interpreting Macroeconomics

Explorations in the History of Macroeconomic Thought

R 7 769.00

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Interpreting Macroeconomics explores a number of different approaches to macroeconomic thought and analyzes various important episodes in the development of macroeconoimcs before during and after the Keynesian revolution.
"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. The author has also published "New Directions in Economic Methodology" (June 1994).