The fireman and the architect
Xavier Timbeau ()
Chapter 1 in What’s Right with Macroeconomics?, 2012, pp 8-32 from Edward Elgar Publishing
Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It questions how the field of economics – still reeling from the global financial crisis initiated in the summer of 2007 – will respond.
Keywords: Economics and Finance (search for similar items in EconPapers)
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