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Mainstream macroeconomics has pursued 'micro founded' models based on the explicit optimization by representative agents. The result has been a long and wasteful detour. But elements of the Lucas critique are relevant, also for heterodox economists. Challenging common heterodox views on...
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macroeconomic theory. For this purpose, we explicitly present two competing paradigms, the new-Keynesian and the post-Keynesian one …
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Citation metrics and its related indices and rankings become increasingly important in the evaluation of research. Such indices are part of a more general tendency aiming for the simplification of complex and interconnected phenomena through quantification. The purpose of our contribution is to...
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