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Hardcover A Search for Synthesis in Economic Theory Book
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ISBN: 0873323289

ISBN13: 9780873323284

A Search for Synthesis in Economic Theory

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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...

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