IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v36y2016i3p603-621id197.html
   My bibliography  Save this article

Macroeconomic Foundations in the perspectives of Marx and Keynes: contributions to the heterodox thought

Author

Listed:
  • Pedro Garrido da Costa Lima
  • Adriana Moreira Amado
  • Maria de Lourdes Rollemberg Mollo

Abstract

The need to define microeconomic foundations for macroeconomic models, which is present in the mainstream thinking in contemporary economics, can be questioned on the basis of different theoretical approaches. Positions like those of Marx and Keynes permit the comprehension of the actions of economic agents (groups or classes) as influenced and limited by the social and macroeconomic environment, providing views of macroeconomic foundations of microeconomics, instead of the orthodox view of micro foundations of macroeconomics. This comprehensionsed slight on distinct perspectives in heterodox thought regarding the intervention in the macroeconomic context. JEL Classification: E11; E12; B50.

Suggested Citation

  • Pedro Garrido da Costa Lima & Adriana Moreira Amado & Maria de Lourdes Rollemberg Mollo, 2016. "Macroeconomic Foundations in the perspectives of Marx and Keynes: contributions to the heterodox thought," Brazilian Journal of Political Economy, Center of Political Economy, vol. 36(3), pages 603-621.
    • Handle: RePEc:ekm:repojs:v:36:y:2016:i:3:p:603-621:id:197
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/197/188
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Marx; Keynes; macrofoundations; heterodoxy;
    All these keywords.

    JEL classification:

    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:36:y:2016:i:3:p:603-621:id:197. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.