Macroeconomics has gone through profound alterations because the Keynesian consensus broke down within the mid-60s. Axel Leijonhufvud belonged to that center crew of distinctive macroeconomists who wrought the adjustments that introduced again the classical inquiries to the topic: microfoundations, cash, markets, associations, info, transition dynamics and lots more and plenty else. He shaped a complete sequence of conceptual ideas that experience develop into a part of the folklore of financial macroeconomics. during this choice of essays exclusive colleagues and previous scholars pay homage to this mild highbrow substantial. matters that experience featured on the centre of Axel Leijonhufvud's examine for over 30 years are mentioned by way of the individuals. historical past of notion, philosophy of technology and transition dynamics as well as the extra critical problems with funds, inflation, financial regimes, details, associations, microfoundations, expanding returns and stabilizing hypothesis are a few of the important issues mentioned, empirically and theoretically, in those essays.
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