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Palgrave Macmillan

Issues in Contemporary Macroeconomics and Distribution

  • Book
  • © 1985

Overview

Editors:
  1. George R. Feiwel

    1. University of Tennessee, USA

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Table of contents (20 chapters)

  1. Front Matter

    Pages i-xxviii
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  2. Quo Vadis Macroeconomics? Issues, Tensions and Challenges

    1. Quo Vadis Macroeconomics? Issues, Tensions and Challenges

      • G. R. Feiwel
      Pages 1-100

  3. Alternative Perspectives on Macroeconomics and Distribution

    1. Front Matter

      Pages 101-101
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    2. Theoretical Issues in Macroeconomics

      • James Tobin
      Pages 103-133

    3. Distributive Justice and Desirable Ends of Economic Activity

      • Kenneth J. Arrow
      Pages 134-156

    4. The Theory of Normal Prices and Reconstruction of Economic Theory

      • Joan Robinson
      Pages 157-165

  4. Non-Walrasian Macroeconomics

    1. Front Matter

      Pages 168-168
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    2. Non-Walrasian Foundations of Macroeconomics

      • Takashi Negishi
      Pages 169-183

    3. A Non-Walrasian Model of Employment with Partial Price Flexibility and Indexation

      • Jean-Pascal Benassy
      Pages 184-196

    4. Keynesian Unemployment as Non-Walrasian Equilibria

      • Dieter Sondermann
      Pages 197-215

    5. A Micro-Macroeconomic Analysis Based on a Representative Firm: Progress Report

      • Yew-Kwang Ng
      Pages 216-232

  5. Interpretation and Assessments of New Classical Macroeconomics: Theoretical and Policy Views

    1. Front Matter

      Pages 233-233
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    2. The New Classical Economics—A Game-theoretic Critique

      • Henry Y. Wan Jr
      Pages 235-257

    3. On the Assumption of Convergent Rational Expectations

      • Edwin Burmeister
      Pages 258-269

    4. Recent Perspectives in and on Macroeconomics

      • Benjamin M. Friedman
      Pages 270-286

  6. Inflation and Disinflation

    1. Front Matter

      Pages 287-287
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    2. Did Mainstream Econometric Models Fail to Anticipate the Inflationary Surge?

      • Lawrence R. Klein
      Pages 289-296

    3. Disinflation

      • Otto Eckstein
      Pages 297-323

    4. Monetarism-A View from a Central Bank

      • Jean-Pierre Béguelin, Kurt Schiltknecht
      Pages 324-332

  7. Distribution, Growth, and Policy Alternatives

    1. Front Matter

      Pages 333-333
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Keywords

About this book

This important book and its companion volume, Issues in Contemporary Microeconomics and Welfare, capture and convey the spirit, fundamental issues, underlying tensions, rich variety, accomplishments, and failures in contemporary economics. It presents economics as a dynamic subject, showing its strengths and limitations, exploring alternative approaches, and tracing the sources of differences. The essays include original contributions by the theorists themselves; major interpretations, reflections, and assessments by leading economists, and evaluations of particular areas by rising young scholars.

Editors and Affiliations

  • University of Tennessee, USA

    George R. Feiwel

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