Question: When teaching macroeconomics, how do you achieve a balance of Keynesian and classical ideas? Answer: When I started teaching in 1985, I soon realized that the leading texts of the time were ...
No. 67, What have we learnt on Classical economics since Sraffa? /Qu’a-t-on appris sur l’économie classique depuis Sraffa? (2014), pp. 15-34 (20 pages) The potted histories of macroeconomics textbooks ...
We sketch a simple microfounded model that tries to capture the basic results of different macroeconomic schools by changing the values or behaviors of some parameter(s). The model has four different ...