{"product_id":"reconstructing-macroeconomics-structuralist-proposals-and-critiques-of-the-mainstream-9780674010734","title":"Reconstructing Macroeconomics: Structuralist Proposals and Critiques of the Mainstream","description":"\u003cp\u003e • Author(s): Lance Taylor\u003cbr\u003e • Publisher: Harvard University Press\u003cbr\u003e • Publisher Imprint: Harvard University Press\u003cbr\u003e • BISAC: Development - Business Development\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eMacroeconomics is in disarray. No one approach is dominant, and an increasing divide between theory and empirics is evident. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThis book presents both a critique of mainstream macroeconomics from a structuralist perspective and an exposition of modern structuralist approaches. The fundamental assumption of structuralism is that it is impossible to understand a macroeconomy without understanding its major institutions and distributive relationships across productive sectors and social groups. \u003cp\u003e\u003c\/p\u003eLance Taylor focuses his critique on mainstream monetarist, new classical, new Keynesian, and growth models. He examines them from a historical perspective, tracing monetarism from its eighteenth-century roots and comparing current monetarist and new classical models with those of the post-Wicksellian, pre-Keynesian generation of macroeconomists. He contrasts the new Keynesian vision with Keynes's General Theory, and analyzes contemporary growth theories against long traditions of thought about economic development and structural change.","brand":"Harvard University Press","offers":[{"title":"Hardcover","offer_id":45085995040919,"sku":"9780674010734","price":7072.0,"currency_code":"INR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780674010734.webp?v=1767638629","url":"https:\/\/atlanticbooks.com\/products\/reconstructing-macroeconomics-structuralist-proposals-and-critiques-of-the-mainstream-9780674010734","provider":"Atlantic Books","version":"1.0","type":"link"}