Beyond Microfoundations: Post Walrasian Economics
Language: English
Published by Cambridge University Press, 1996
- Hardcover
- Used
Seller: World of Books Inc, Montgomery, IL, U.S.A.World of Books Inc
AbeBooks seller since March 23, 2026
Condition: Used - Very good
£ 24.46
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Add to basketItem description from seller
Beyond Microfoundations discusses the foundations for a post-Walrasian macroeconomics and, in doing so, carries the work of Robert Clower and Axel Leijonhufvud to the present. This book spells out both why an alternative approach to macro is needed, and what the essence of the approach will be. This post-Walrasian approach to macro is neither Keynesian nor Classical, both of which have Walrasian foundations, but it offers an approach to macro in which Walrasian economics is turned on its head. Specifically, it rejects the Walrasian ad hoc assumptions of the existence of a unique equilibrium and of simple dynamics. That rejection leads one to a fundamentally different conception of macro than most macroeconomics have implicit in their formal model. Post-Walrasian macroeconomics offers a vision of macro in which micro foundations devoid of an explicit macro context have no place, but one in which institutions have a fundamental role. Post-Walrasian macroeconomics provides a foundation for an alternative macroeconomics for the twenty-first century built on the edges of chaos.…
Seller Inventory # CIN0521552370VG
- Title
- Beyond Microfoundations: Post Walrasian Economics
- Author
- David Colander
- Publisher
- Cambridge University Press
- Publication year
- 1996
- Condition
- Very Good
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0521552370
- ISBN 13
- 9780521552370
"Synopsis" may belong to another edition of this title.
Review
"...this book is extremely valuable for expanding the horizon of economic thinking. It provides a key to a sizeable literature working towards new economic paradigm." Michael Ambrosi, Eastern Economic Journal
"About the title" may belong to another edition of this title.
World of Books Inc
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