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The monetary economy and the economic crisis
Laidler, David - 2010
The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the invisible hand, was a major...
Persistent link: https://www.econbiz.de/10010291902
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The Monetary Economy and the Economic Crisis
Laidler, David - 2011
The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the "invisible hand", was a...
Persistent link: https://www.econbiz.de/10011592187
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The monetary economy and the economic crisis
Laidler, David E. W. - 2011 - Revised, January 2011
The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the "invisible hand", was a...
Persistent link: https://www.econbiz.de/10011708307
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The Monetary Economy and the Economic Crisis
Laidler, David - University of Western Ontario, Economic Policy Research … - 2010
The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the "invisible hand", was a...
Persistent link: https://www.econbiz.de/10008534112
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The Monetary Economy and the Economic Crisis
Laidler, David - Center for the History of Political Economy - 2011
The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the "invisible hand", was a...
Persistent link: https://www.econbiz.de/10010720652
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Peter Howitt - a Keynesian still in recovery
Laidler, David E. W. - 2022
with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium …. However, the development of agent based modelling and behavioural economics will perhaps give disequilibrium macroeconomics a …
Persistent link: https://www.econbiz.de/10013371005
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Three revolutions in macroeconomics : their nature and influence
Laidler, David E. W. - 2013
It is then argued that, whereas Monetarism brought about a revival of the quantity theory of money from the limbo into … despite the fact that, initially, RE-NC economics appeared to be a mainly technical extension and refinement of Monetarism …
Persistent link: https://www.econbiz.de/10009765542
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Axel Leijonhufvud: A personal recollection from an Austrian perspective
Ferlito, Carmelo - In: PSL quarterly review 75 (2022) 302, pp. 299-310
analysing his institutional approach to the phenomenon of inflation and its link with monetary policy and monetary regimes. Some …
Persistent link: https://www.econbiz.de/10014230861
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Lucas, Keynes, and the crisis
Laidler, David - 2009
This paper examines Robert E. Lucas's views on the relationship of macroeconomics to real world economic phenomena, and on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the subdiscipline has evolved. It considers some implications...
Persistent link: https://www.econbiz.de/10010292008
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Lucas, Keynes, and the Crisis
Laidler, David - University of Western Ontario, Department of Economics - 2009
This paper examines Robert E. Lucas's views on the relationship of macroeconomics to real world economic phenomena, and on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the subdiscipline has evolved. It considers some implications...
Persistent link: https://www.econbiz.de/10005039609