This article is an in-depth analysis of Backhouse and Boianovsky's book, <italic>Transforming Modern Macroeconomics: Exploring Disequilibrium Microfoundations, 1956-2003</italic>. I start with questioning Backhouse and Boianovsky's too broad understanding of the disequilibrium approach. Thereby they bring...

<title>Abstract</title> The standard view about the relationship between the Marshallian and the Walrasian approaches is that they are complementary to each other. My aim in this paper is to show that, on the contrary, they constitute alternative sub-research programmes within the wider neoclassical paradigm....

[fre] L'obectif de cet article est de critiquer les thèses avancées par Benetti dans son article "La structure logique de la Théorie générale de Keynes". L'idée selon laquelle on peut rendre compte du projet de Keynes par un emboîtement entre trois modèles - le modèle récursif par...

[eng] The aim of this article is to assess the «heterodox» character of Marx' and Keynes' positions about wage and labour market theories. In a first part we present our interpretation of the distinction between «orthodox» and «heterodox» points of view. The two subsequent parts are...

[fre] L'objectif de mon article est de critiquer certaines des thèses centrales de VHistoire de la pensée économique de Deleplace : en premier lieu, la thèse selon laquelle la théorie de la demande effective de Keynes fournit la clé de compréhension du chômage involontaire, en second...

Present-day macroeconomics has sometimes been dubbed ‘the new neoclassical synthesis’, suggesting that it constitutes a reincarnation of the neoclassical synthesis of the 1950s. This paper assesses this understanding. To this end, we examine the contents of the ‘old’ and the ‘new’...

Three points are made in this article. First, it is argued that general equilibrium theory should not be limited to the issues of existence and stability. A third subject-matter should be put on the agenda, namely the organization of trade. Tatonnement should be seen as the specific assumption...

Using a retrospective methodology, my paper examines critically the insights on involuntary unemployment offered by Keynes in his General Theory. Keynes, it is argued, gave involuntary unemployment a modern micro-founded definition yet — quite opportunely, in view of the difficulty of the...