On the Need for New Economic Foundations: A Critique on Mainstream Macroeconomics

The body of macroeconomic theory known as the neoclassical-Keynesian synthesis, hereafter mainstream macroeconomics, has dominated the practice of economics since the middle of the twentieth century and is largely unchallenged in institutions that teach economics. Not only does mainstream macroecono...

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Bibliographic Details
Main Author: Robert Hoffman
Format: Article
Language:English
Published: Risk Institute, Trieste- Geneva 2012-10-01
Series:Cadmus
Online Access:http://www.cadmusjournal.org/article/issue-5/need-new-economic-foundations-critique-mainstream-macroeconomics