Lange and Keynes

Jan Toporowski ()
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Jan Toporowski: Department of Economics, SOAS University of London, UK

No 170, Working Papers from Department of Economics, SOAS University of London, UK

Abstract: Lange engaged with Keynes in the matter of Keynes's macroeconomics, and over econometrics. Lange's interpretation of the Keynesian macroeconomic model laid the foundation for the neo-classical synthesis. But it was limited in its monetary economics. Lange also intervened in the Keynes-Tinbergen dispute over the scope and significance of econometrics. Lange collaborated in a paper that conceded Keynes's main point that empirical investigation could not determine theory, but insisted that theories could nevertheless be tested empirically. The paper was never publish and Keynes, unconvinced, planned to recruit Kalecki to his critique of econometrics.

Keywords: Lange; Keynes; Econometrics (search for similar items in EconPapers)
JEL-codes: B31 B41 C18 E12 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2012-03
New Economics Papers: this item is included in nep-pke
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