TY - BOOK ID - 4864912 TI - The theory of new classical macroeconomics : a positive critique PY - 2015 SN - 9783319175782 3319175777 9783319175775 3319175785 PB - Heidelberg: Springer, DB - UniCat KW - Economics/Management Science. KW - Macroeconomics/Monetary Economics. KW - Methodology and the History of Economic Thought. KW - Economic Theory. KW - Economic Policy. KW - Philosophy of Science. KW - Economics. KW - Science KW - Economic policy. KW - Macroeconomics. KW - Economics KW - Economie politique KW - Sciences KW - Politique économique KW - Macroéconomie KW - Philosophy. KW - Methodology. KW - Philosophie KW - Méthodologie KW - Macroeconomics KW - Economics_xMethodology. KW - Science_xPhilosophy. KW - Business & Economics KW - Economic Theory KW - Philosophy and science. KW - Economic history. KW - Economic theory. KW - Macroeconomics/Monetary Economics//Financial Economics. KW - Methodology/History of Economic Thought. KW - Economic Theory/Quantitative Economics/Mathematical Methods. KW - History of Economic Thought/Methodology. KW - Normal science KW - Philosophy of science KW - Economic nationalism KW - Economic planning KW - National planning KW - State planning KW - Planning KW - National security KW - Social policy KW - Economic theory KW - Political economy KW - Social sciences KW - Economic man KW - Economic conditions KW - History, Economic KW - Science and philosophy UR - https://www.unicat.be/uniCat?func=search&query=sysid:4864912 AB - This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first dimension of comparison. The second dimension appears in a historical context, since none of the new classical doctrines can be analyzed ignoring the parallelism and discrepancies with the theory of Keynes, Friedman or Phelps. Radicalism of new classical macroeconomics has brought fundamental changes in economic thought, but the doctrines got vulgarized and distorted thanks to the mass of followers. Nowadays, economic theory and policy, trying to find their ways, have a less clear relationship than ever. Therefore, this volume is aimed at mapping and reconsidering the policy instruments and transmission mechanisms offered by the new classicals. Its central question points to the real nature of new classical macroeconomics: what consequences are grounded by the assumptions new classicals used. Moreover, issues raised by automatic fiscal stabilizers and fiscal reforms are analyzed as well, even if they were out of the range of classical texts. The book draws a picture of new classical macroeconomics stressing the analogies with Keynesian countercyclical policies, instead of the discrepancies commonly held. ER -