Irreconcilable Inconsistencies of Neoclassical Macroeconomics

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Irreconcilable Inconsistencies of Neoclassical Macroeconomics

A False Paradigm

Economics

Author: John Weeks

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Collection: Routledge Frontiers of Political Economy

Language: English

Published by: Routledge

Published on: 23rd February 2012

Format: LCP-protected ePub

Size: 6 Mb

ISBN: 9781136343681


In the course of this book it is argued that the loss of what is essentially "macro" in Keynes is the result of a preference for a form of equilibrium analysis that gives unqualified support to the ideology of free markets. In the case of Marx, his theory of exploitation and from this the stress on class struggle, led to an almost complete neglect of his contribution to the analysis of the aggregate demand and supply of commodities.

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