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DSGE modeling remains the workhorse of contemporary macroeconomics despite a growing number of critiques of its ability to explain the aggregate properties of an economic system. For the most part, those critiques accept the DSGE presumption that traditional macro data are primitive, causal...
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This essay is the penultimate draft of Chapter 1 of a book that carries the working title Macroeconomics as Systems Theory: Emergence, Institutions, and Economic Process. This book examines the material of macroeconomic theory by looking through a different analytical window from what most...
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1. Macroeconomics as Systems Theory: Setting the Stage -- 2. Models of Social Order: Mechanical vs. Creative -- 3. Structures of Production and Properties of Social Order -- 4. Diachronic Action within an Ecology of Plans -- 5. Kaleidic Economies and Internally Generated Change -- 6. Entangled...
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