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Most macroeconomists agree that we live in the age of microfoundations. The recent worldwide financial crisis may have emboldened critics of this microfoundational orthodoxy, but it remains the dominant view that macroeconomic models must go beyond supply and demand functions to the level of individual decision-making, taking into account the general dynamic environment where agents live. Microfoundations Reconsidered seeks to reassess how the relationship of micro and macroeconomics evolved over time. The highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of microeconomics and macroeconomics, starting from their emergence as self-consciously distinct fields within economics in the early 1930s. They seek to go beyond the conventional history that is often told and written by practicing economists. From different perspectives they challenge the association of microfoundations with Robert Lucas and rational expectations and offer both a more complete and a deeper reading of the relationship between micro and macroeconomics.Microfoundations Reconsidered is a valuable addition to the macroeconomic research literature. It is ideally suited to students, scholars, researchers, and practitioners with an interest in macro and microeconomics and the history of economics.

Microeconomics --- Macroeconomics --- Economics --- History --- 330 --- 330.9 --- 330.3 --- AA / International- internationaal --- Price theory --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics --- Economics - History

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A major new history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.

338 <09> <4> --- 338 <09> <4> Economische geschiedenis--Europa --- Economische geschiedenis--Europa --- 923 Economische geschiedenis --- -330.9 --- Europe --- Economic conditions --- 330.9 --- 331.100 --- AA / International- internationaal --- Economische geschiedenis: algemeenheden --- Arts and Humanities --- History --- Conditions économiques --- Economic history --- Politique économique --- Conditions économiques --- 20e siècle

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330.9 --- Social sciences Economics History --- Economic History. --- Economic history --- Economic conditions --- History, Economic --- Economics --- 338 <09> --- 338 <09> Economische geschiedenis --- Economische geschiedenis --- Festschrift - Libri Amicorum --- World history --- Economic history. --- Addresses, essays, lectures. --- Wereldgeschiedenis

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History as a science --- Economic history --- Economic development --- 33 <09> --- 330.9 --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Economic conditions --- History, Economic --- Economie. Economische wetenschappen. Staatshuishoudkunde --(algemeen)--Geschiedenis van ... --- 33 <09> Economie. Economische wetenschappen. Staatshuishoudkunde --(algemeen)--Geschiedenis van ... --- Economie. Economische wetenschappen. Staatshuishoudkunde --(algemeen)--Geschiedenis van .. --- Economie. Economische wetenschappen. Staatshuishoudkunde --(algemeen)--Geschiedenis van

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In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the great transformation of the industrial revolution. His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importante of his seminal analysis in an era of globalization and free trade.

Economic history. --- Economics --- Social history. --- History. --- #SBIB:33H011 --- #SBIB:17H25 --- politieke geschiedenis --- geschiedenis --- 904 --- Economic history --- -Social history --- 330.9 --- Descriptive sociology --- Social conditions --- Social history --- History --- Sociology --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economic conditions --- History, Economic --- Economische geschiedenis --- Sociale wijsbegeerte: economische orde en arbeid --- economische en sociale geschiedenis --- Sociological theories --- World history