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Macroeconomics Commons

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Articles 1 - 5 of 5

Full-Text Articles in Macroeconomics

Political Economy Of Evolution, Howard J. Sherman May 2004

Political Economy Of Evolution, Howard J. Sherman

HOWARD J SHERMAN

No abstract provided.


From Hayek To Keynes: G.L.S. Shackle And Our Ignorance Of The Future, Greg Hill Jan 2004

From Hayek To Keynes: G.L.S. Shackle And Our Ignorance Of The Future, Greg Hill

Greg Hill

G.L.S. Shackle stood at the historic crossroads where the economics of Hayek and Keynes collided. Shackle fused these opposing lines of thought in a macroeconomic theory that draws Keynesian conclusions from Austrian premises. In Shackle’s scheme of thought, the power to imagine alternative courses of action releases decision makers from the web of predictable causation. But the continuous stream of spontaneous and unpredictable choices that originate in the subjective and disparate orientations of individual agents denies us the possibility of rational expectations, and therewith the logical coherence of market equilibrium through time.


Inflationary Performance In A Monetary Union With Large Wage-Setters, Lilia Cavallari Jan 2004

Inflationary Performance In A Monetary Union With Large Wage-Setters, Lilia Cavallari

Lilia Cavallari

No abstract provided.


Bank Lending And The Effectiveness Of Monetary Policy Under A Revised Basel Accord, Kevin T. Jacques, David Schirm Jan 2004

Bank Lending And The Effectiveness Of Monetary Policy Under A Revised Basel Accord, Kevin T. Jacques, David Schirm

Kevin T Jacques

No abstract provided.


Review Of Northern Naval Superiority And The Economics Of The American Civil War By David G. Surdam, Jeffrey Rogers Hummel Jan 2004

Review Of Northern Naval Superiority And The Economics Of The American Civil War By David G. Surdam, Jeffrey Rogers Hummel

Jeffrey Rogers Hummel

No abstract provided.