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Four talks on Keynes in relation to the Bloomsbury Group: I. Maynard Keynes of Bloomsbury (Craufurd Goodwin); II. Keynes as Policy Advisor (E. Roy Weintraub); III. Keynes and Economics (Kevin D. Hoover); IV. Keynes and Hayek (Bruce Caldwell). The talks were delivered as part of roundtable...
Persistent link: https://www.econbiz.de/10011603268
Theory of Price Movements" (Econometrica 1961). The panel consists of Michael Lovell, Robert Lucas, Dale Mortensen, Robert …
Persistent link: https://www.econbiz.de/10011603748
The potted histories of macroeconomics textbooks are typically Keynes-centric. Keynes is credited with founding macroeconomics, and the central developments in the field through the early 1970s, including large-scale macroeconometric models are usually termed "Keynesian." The story of...
Persistent link: https://www.econbiz.de/10011708002
An explication of the key ideas behind the Cointegrated Vector Autoregression Approach. The CVAR approach is related to Haavelmo's famous quot;Probability Approach in Econometricsquot; (1944). It insists on careful stochastic specification as a necessary groundwork for econometric inference and...
Persistent link: https://www.econbiz.de/10012726093
Best known as a monetary economist and prominent proponent of monetarism, Karl Brunner was deeply knowledgeable about the philosophy of science and attempted to explicitly integrate logical empiricist thinking, derived in some measure from his engagement with the work of the philosopher Hans...
Persistent link: https://www.econbiz.de/10011903527
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In many sciences - physical, but also biology, neuroscience, and other life sciences - one object of reductionism is to purge intentionality from the fundamental basis of both explanations and the explanatory target. The scientifically relevant level - ontologically and epistemologically - is...
Persistent link: https://www.econbiz.de/10011706671
Theory for an Open Economy. This paper explains that the Swan Diagram is completely incompatible with Keynes's analysis …
Persistent link: https://www.econbiz.de/10012998500