ABSTRACT

This remarkable volume provides a critical assessment of Neoclassical Synthesis, long regarded as the standard interpretation of Keynes. Taking issue with this orthodoxy, the author offers a unique interpretation of the foundation of modern macroeconomics, arguing that the subject derives from the conflict between two research programmes inspired b

part |2 pages

Part I The two basic paradigms of macroeconomics

chapter 1|16 pages

Hicks’s Value and Capital

chapter 2|25 pages

Keynes’s anti-atomism

chapter 4|8 pages

Keynes’s indirect forces paradigm

part |2 pages

Part II The Neoclassical Synthesis

chapter 7|12 pages

Modigliani

chapter 8|14 pages

Samuelson

chapter 9|14 pages

Klein

chapter 10|25 pages

American Keynesians in the 1950s

chapter 11|25 pages

Patinkin

part |2 pages

Part III Microfoundations