Methodological Foundations of Macroeconomics Keynes and Lucas

An investigation of the methodological and epistemological foundations of macroeconomic theory. The author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists. He concludes that a Keynesian conception of macroeconomics as a discipline autonomous from microeconomics and open to theoretical and methodological innovation should be defended.Vercelli, Allessandro is the author of 'Methodological Foundations of Macroeconomics Keynes and Lucas' with ISBN 9780521392945 and ISBN 0521392942.