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Keynes and the Neoclassical Synthesis: Einsteinian Versus Newtonian Macroeconomics by Dario Togati

Keynes and the Neoclassical Synthesis: Einsteinian Versus Newtonian Macroeconomics

by Dario Togati
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Book cover type: Paperback
  • ISBN13: 9781138007178
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Taylor & Francis
  • Publisher Imprint: Routledge
  • Publication Date:
  • Pages: 416
  • Original Price: GBP 58.99
  • Language: English
  • Edition: N/A
  • Item Weight: 566 grams
  • BISAC Subject(s): Economics / General

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 by different paradigms in physics: the Newtonian programme of Hicks and the Einsteinian approach of Keynes.
Original and provocative in its reflections, Keynes and the Neoclassical Synthesis not only offers a fresh interpretation of Keynes but makes an important contribution to debates within post-Keynesian economics. It will thus be of interest to all those interested in Keynes' place in the history of economic thought and macroeconomic methodology.

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