Microfoundations by E Roy Weintraub

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Microfoundations by E Roy Weintraub

This is the first full-length survey of current work which examines the compatibility of microeconomics and macroeconomics. Its particular distinction is that it makes accessible, to non-specialists, those extensive modern refinements of general equilibrium theory which are linked to macroeconomics and monetary theory. Part I traces the development and interlocking nature of two scientific research prgrams, macroeconomics and neo-Walrasian analysis. The five chapters in this part examine general equilibrium theory, Keynes' contribution, the 'neoclassical synthesis', and the Clower-Leijonhufvud contributions to questions of systemic coordination. The four chapters of Part I place recent work on the micro-foundations of macroeconomics within a taxonomic scheme of Walrasian equilibrium, Walrasian disequilibrium, Edgeworthian equilibrium, and Edgeworthian disequilibrium. Part I, a single chapter, provides an overview of the subject and ventures some conclusions.
'Weintraub is reporting and reflecting on work in progress which may in due course make an important difference to economicsI have found that this is work which students of all years find exciting and this book will, I think, be popular with them and useful.' F. H. Hahn
' … it is a brilliant and thoroughly readable survey of the history and current state of the Keynesian Debate. Unlike almost everything else that has been done along this line, this manuscript is balanced and unemotional in tone and its coverage of various 'schools' and points of view is even-handed. It is accurately described as 'a remarkable tour de force'.' Robert W, Clower

E. Roy Weintraub is Professor of Economics at Duke University. He is the editor of Toward a History of Game Theory, also published by Duke University Press, and the author of numerous books, including Stabilizing Dynamics: Constructing Economic Knowledge.

SKU Unavailable
ISBN 13 9780521294454
ISBN 10 0521294452
Title Microfoundations
Author E Roy Weintraub
Series Cambridge Surveys Of Economic Literature
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 1979-02-28
Number of pages 184
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.