IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v9y1989i1p83-88id1602.html
   My bibliography  Save this article

A note on the logical refutation of neoclassical macroeconomics

Author

Listed:
  • Gilson Schwartz

Abstract

Neoclassical theories are often criticized from an externalist point of view (political,sociological, historical, etc.). Internal inconsistencies are said to be impossible, forgiven some premises “neoclassical analysis is logically coherent “, This note stands againstthis generally held conception by reviewing one of the possible logical criticisms of neoclassicalmacroeconomics. Bernard Schmitt, a Swiss economist known as a late Keynesian, haswritten on the subject. His argument starts out with a discussion of time in economic theoryand its relation to standard national accounting. The conclusion is that neoclassical macroeconomicsis rooted in some illegitimate metaphor between prices and quantities adjustments. JEL Classification: B41; B21.

Suggested Citation

  • Gilson Schwartz, 1989. "A note on the logical refutation of neoclassical macroeconomics," Brazilian Journal of Political Economy, Center of Political Economy, vol. 9(1), pages 83-88.
    • Handle: RePEc:ekm:repojs:v:9:y:1989:i:1:p:83-88:id:1602
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1602/1588
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Neoclassical theory; methodology of economy;

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics

    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:9:y:1989:i:1:p:83-88:id:1602. 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.