Structuralist and Behavioral Macroeconomics

Viac o knihe

Challenging the traditional macroeconomic paradigm, this book advocates for incorporating behavioral insights to better reflect real-world decision-making. It critiques the reliance on perfectly rational agents and draws from Keynesian and institutionalist traditions to propose an alternative framework. By emphasizing dynamic market interactions, the text explores concepts such as instability, endogenous cycles, and secular stagnation. It aims to provide a comprehensive understanding of macroeconomic theory and suggests a re-evaluation of its foundational principles.