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Post Walrasian Macro Policy and the Economics of Muddling Through

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  • DAVID COLANDER

Abstract

This paper expands on my earlier discussion of Post Walrasian macroeconomics policy. (Colander and van Ess 1996) First, it defines what I mean by Post Walrasian macroeconomics. Second, it discusses some of the theoretical differences between Post Walrasian and Walrasian macro theorizing as they relate to policy. Finally, it discusses how an acceptance of Post Walrasian economics might change the focus of macro policy discussions.

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Bibliographic Info

Article provided by M.E. Sharpe, Inc. in its journal International Journal of Political Economy.

Volume (Year): 33 (2003)
Issue (Month): 2 (June)
Pages: 17-35

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Handle: RePEc:mes:ijpoec:v:33:y:2003:i:2:p:17-35

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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=110909

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References

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  1. David Colander, 2002. "The Death of Neoclassical Economics," Middlebury College Working Paper Series, Middlebury College, Department of Economics 0237, Middlebury College, Department of Economics.
  2. David Colander, 2003. "Muddling Through and Policy Analysis," Middlebury College Working Paper Series, Middlebury College, Department of Economics 0317, Middlebury College, Department of Economics.
  3. Joseph E. Stiglitz, 1993. "Post Walrasian and Post Marxian Economics," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 7(1), pages 109-114, Winter.
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Cited by:
  1. Peter Hans Matthews, 2004. "Who is Post-Walrasian Man?," Middlebury College Working Paper Series, Middlebury College, Department of Economics 0412, Middlebury College, Department of Economics.
  2. Bill Gibson, 2007. "A Multi-Agent Systems Approach to Microeconomic Foundations of Macro," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics 2007-10, University of Massachusetts Amherst, Department of Economics.
  3. Bill Gibson, 2008. "The Current Macroeconomic Crisis," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics 2008-02, University of Massachusetts Amherst, Department of Economics.

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