The Nature of Macroeconomics

Athol Fitzgibbons

in Books from Edward Elgar Publishing

Abstract: This book addresses the long absence of a satisfactory theory of macroeconomics. Keynesian theory is not consistent with rational self-interest, but neo-classical economics is unable to explain economic volatility and the trade cycle. Athol Fitzgibbons critiques the leading macroeconomic theories, which he believes are unduly mechanistic because they are incompatible with non-quantitative knowledge.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: D7 (search for similar items in EconPapers)
Date: 2000
ISBN: 9781840640694
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Citations: View citations in EconPapers (1)

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Chapters in this book:

Ch 1 The Crisis in the Keynesian System

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Ch 2 Indeterminate Decisions

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Ch 3 Uncertainty and Decisions

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Ch 4 Macroeconomic Theories

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Ch 5 The Theory of Macroeconomic Policy

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Ch 6 Keynes and the Intellectual Context

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Ch 7 Conclusion

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