Post Walrasian Macro Policy and the Economics of Muddling Through
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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- Joseph E. Stiglitz, 1993. "Post Walrasian and Post Marxian Economics," Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 109-114, Winter.
- David Colander, 2002.
"The Death of Neoclassical Economics,"
Middlebury College Working Paper Series
0237, Middlebury College, Department of Economics.
- David Colander, 2003.
"Muddling through and policy analysis,"
New Zealand Economic Papers,
Taylor & Francis Journals, vol. 37(2), pages 197-215.
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