Interpreting Macroeconomics: Explorations in the History of Macroeconomic Thought

Interpreting Macroeconomics: Explorations in the History of Macroeconomic Thought book cover

Interpreting Macroeconomics: Explorations in the History of Macroeconomic Thought

Author(s): Roger E. Backhouse (Author)

  • Publisher: Routledge
  • Publication Date: May 4, 1995
  • Edition: 1st
  • Language: English
  • Print length: 250 pages
  • ISBN-10: 0415127092
  • ISBN-13: 9780415127097

Book Description

Interpreting Macroeconomics explores a variety of different approaches to macroeconomic thought. The book considers a number of historiographical and methodological positions, as well as analyzing various important episodes in the development of macroeconomics, before during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism, and historical and rational reconstructions. Examples discussed include Hobson, Keynes and Friedman.

Editorial Reviews

Review

…”do “not let yourself miss this excellent book…. Backhouse’s history is a piece in the puzzle that no one can afford to overlook. His local and contingent perspective is the best view that we have of the evolution of contemporary macroeconomics.”
-“History of Political Economy

About the Author

Roger E. Backhouse is Reader in the History of Economic Thought at the University of Birmingham. He is the author of A History of Modern Economic Analysis (1985), Economists and the Economy (1994) and two macroeconomics textbooks. He is also a co-editor of Economics and Language (1993) and the editor of New Directions in Economic Methodology (1994).

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