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The Revival of Laissez-Faire in American Macroeconomic Theory

The Revival of Laissez-Faire in American Macroeconomic Theory

A Case Study of the Pioneers

by Sherryl Davis Kasper
Hardback
Publication Date: 27/11/2002

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In the 1970s, the Keynesian orthodoxy in macroeconomics began to break down. In direct contrast to Keynesian recommendations of discretionary policy, models advocating laissez-faire came to the forefront of economic theory, from monetarism to public choice theory to new classical economics. This book provides a comprehensive account of this watershed and traces the evolution of laissez-faire using the cases of its main proponents.
ISBN:
9781840646061
9781840646061
Category:
Economic history
Format:
Hardback
Publication Date:
27-11-2002
Publisher:
Edward Elgar Publishing Ltd
Country of origin:
United Kingdom
Pages:
192
Dimensions (mm):
216x138mm
Weight:
0.37kg

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