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A Search for Synthesis in Economic Theory Book PDF Summary

First published in 1986. Since the late 1960s the seeming inability of traditional monetary and fiscal policies to combat " stagflation" and address other macroeconomic issues has accelerated the erosion of confidence in the prevailing economic paradigm , the " neoclassical synthesis." * Dissensions among the members of the economics profession on both sides of the Atlantic have grown in number. By the 1970s, a majority of economists had recognized a " crisis" in economic theory. Parallel to this development, a crisis has also emerged in the Marxian camp. This volume is a discussion from the various schools of thought around three of the salient common grounds follows: the theory of a monetary economy, the disequilibrium foundations of a general equilibrium theory, and a rekindled interest in institutional factors.

Detail Book of A Search for Synthesis in Economic Theory PDF

A Search for Synthesis in Economic Theory
  • Author : Ching-Yao Hsieh
  • Release : 25 September 2019
  • Publisher : Routledge
  • ISBN : 9781315495071
  • Genre : Business & Economics
  • Total Page : 285 pages
  • Language : English
  • PDF File Size : 19,8 Mb

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