A Search for Synthesis in Economic Theory

by Stephen L. Mangum, Ching-Yao Hsieh, S.L. Magnum

First published in 1986. Since the late 1960s the seeming inability of traditional monetary and fiscal policies to combat " stagflation" and address other macroeconomic issues has accelerated the erosion of confidence in the prevailing economic paradigm, the " neoclassical synthesis." * Dissensions among the members of the economics profession on both sides of the Atlantic have grown in number. By the 1970s, a majority of economists had recognized...

• Format: Hardcover
• Language: English
• ISBN: 0873323289
• ISBN13: 9780873323284
• Release Date: January 1987
• Publisher: Routledge
• Length: 320 Pages