Beyond Microfoundations: Post Walrasian Economics (Paperback) (ISBN-13: 9780521034586)

Beyond Microfoundations discusses the foundations for a post-Walrasian macroeconomics and, in doing so, carries the work of Robert Clower and Axel Leijonhufvud to the present. This book spells out both why a new approach to macro is needed, and what the essence of the approach will be. This post-Walrasian approach to macro is neither Keynesian nor Classical, both of which have Walrasian foundations, but it offers an approach to macro in which Walrasian economics is turned on its head. Specifically, it rejects the Walrasian ad hoc assumptions of the existence of a unique equilibrium and of simple dynamics.

Author: David Colander
ISBN-10: 0521034582
ISBN-13: 9780521034586
Publisher: Cambridge University Press
Language: English
Published: 12/14/2006
Pages: 284
Format: Paperback
Weight: 0.92lbs
Size: 9.00h x 6.00w x 0.64d