Matches in SemOpenAlex for { <https://semopenalex.org/work/W573878411> ?p ?o ?g. }
- W573878411 abstract "The application of the work of I. Lakatos to economics suggests that the neo-Walrasian monetary model is generated from a neoclassical microeconomic research program, as is the rational expectations hypothesis. At the macroeconomic level, there are competing Keynesian and conservative programs. The latter contains monetarism as a constituent set of theories. Methodological and policy-related debates reflect competition between these three programs. Despite the similarity between the policy recommendations of monetarism and the rational expectations hypothesis, their theoretical apparatus – dictated by the positive heuristic of their respective programs – are substantially different. Monetarism shares its macroeconomic equipment with Keynesianism, but the two differ in their policy recommendations. A major characteristic of the neoclassical microeconomic program is the situational determinism found in its member theories. This is turn follows from the substantive (rather than procedural) rationality displayed by all economic agents in these theories. The same can be said of the rational expectations hypothesis. On the other hand, macroeconomic theories, whether Keynesian or monetarist, display a situational determinism only at the level of the policy-maker. The separation of economics from the other social sciences leads to a situational logic which enables the policy-maker in these models to reach decisions through the use of the substantive form of rationality." @default.
- W573878411 created "2016-06-24" @default.
- W573878411 creator A5055612123 @default.
- W573878411 date "1981-01-01" @default.
- W573878411 modified "2023-09-23" @default.
- W573878411 title "Methodological issues in monetary economics" @default.
- W573878411 cites W1500385107 @default.
- W573878411 cites W1584053331 @default.
- W573878411 cites W1586286259 @default.
- W573878411 cites W1973203464 @default.
- W573878411 cites W1994209313 @default.
- W573878411 cites W2008745885 @default.
- W573878411 cites W2013109099 @default.
- W573878411 cites W2016760274 @default.
- W573878411 cites W2018481168 @default.
- W573878411 cites W2020492754 @default.
- W573878411 cites W2021840543 @default.
- W573878411 cites W2030121826 @default.
- W573878411 cites W2038180255 @default.
- W573878411 cites W2048683534 @default.
- W573878411 cites W2053435361 @default.
- W573878411 cites W2061164134 @default.
- W573878411 cites W2067313317 @default.
- W573878411 cites W2069218074 @default.
- W573878411 cites W2082087907 @default.
- W573878411 cites W2085941719 @default.
- W573878411 cites W2091579301 @default.
- W573878411 cites W2119940082 @default.
- W573878411 cites W2152717893 @default.
- W573878411 cites W2153656501 @default.
- W573878411 cites W2162290871 @default.
- W573878411 cites W2312440252 @default.
- W573878411 cites W2323603790 @default.
- W573878411 cites W2324929765 @default.
- W573878411 cites W2478259370 @default.
- W573878411 cites W256019955 @default.
- W573878411 cites W2570786880 @default.
- W573878411 cites W2798819834 @default.
- W573878411 cites W3121181838 @default.
- W573878411 cites W613367395 @default.
- W573878411 hasPublicationYear "1981" @default.
- W573878411 type Work @default.
- W573878411 sameAs 573878411 @default.
- W573878411 citedByCount "0" @default.
- W573878411 crossrefType "book" @default.
- W573878411 hasAuthorship W573878411A5055612123 @default.
- W573878411 hasConcept C10688316 @default.
- W573878411 hasConcept C111472728 @default.
- W573878411 hasConcept C118084267 @default.
- W573878411 hasConcept C126285488 @default.
- W573878411 hasConcept C138885662 @default.
- W573878411 hasConcept C139719470 @default.
- W573878411 hasConcept C162324750 @default.
- W573878411 hasConcept C165556158 @default.
- W573878411 hasConcept C17744445 @default.
- W573878411 hasConcept C177591768 @default.
- W573878411 hasConcept C192183473 @default.
- W573878411 hasConcept C199539241 @default.
- W573878411 hasConcept C201717286 @default.
- W573878411 hasConcept C2776589375 @default.
- W573878411 hasConcept C54178654 @default.
- W573878411 hasConcept C9114305 @default.
- W573878411 hasConcept C96016098 @default.
- W573878411 hasConceptScore W573878411C10688316 @default.
- W573878411 hasConceptScore W573878411C111472728 @default.
- W573878411 hasConceptScore W573878411C118084267 @default.
- W573878411 hasConceptScore W573878411C126285488 @default.
- W573878411 hasConceptScore W573878411C138885662 @default.
- W573878411 hasConceptScore W573878411C139719470 @default.
- W573878411 hasConceptScore W573878411C162324750 @default.
- W573878411 hasConceptScore W573878411C165556158 @default.
- W573878411 hasConceptScore W573878411C17744445 @default.
- W573878411 hasConceptScore W573878411C177591768 @default.
- W573878411 hasConceptScore W573878411C192183473 @default.
- W573878411 hasConceptScore W573878411C199539241 @default.
- W573878411 hasConceptScore W573878411C201717286 @default.
- W573878411 hasConceptScore W573878411C2776589375 @default.
- W573878411 hasConceptScore W573878411C54178654 @default.
- W573878411 hasConceptScore W573878411C9114305 @default.
- W573878411 hasConceptScore W573878411C96016098 @default.
- W573878411 hasLocation W5738784111 @default.
- W573878411 hasOpenAccess W573878411 @default.
- W573878411 hasPrimaryLocation W5738784111 @default.
- W573878411 hasRelatedWork W1511891055 @default.
- W573878411 hasRelatedWork W1835061998 @default.
- W573878411 hasRelatedWork W1872607940 @default.
- W573878411 hasRelatedWork W2047521052 @default.
- W573878411 hasRelatedWork W2048764097 @default.
- W573878411 hasRelatedWork W2100823332 @default.
- W573878411 hasRelatedWork W2101539463 @default.
- W573878411 hasRelatedWork W2162127888 @default.
- W573878411 hasRelatedWork W2198132706 @default.
- W573878411 hasRelatedWork W2208504849 @default.
- W573878411 hasRelatedWork W2377534644 @default.
- W573878411 hasRelatedWork W2478035488 @default.
- W573878411 hasRelatedWork W2616846183 @default.
- W573878411 hasRelatedWork W2973663645 @default.
- W573878411 hasRelatedWork W3000084931 @default.
- W573878411 hasRelatedWork W3014238953 @default.
- W573878411 hasRelatedWork W3125197760 @default.