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- Title
The Missing Motivation in Macroeconomics.
- Authors
AKERLOF, GEORGE A.
- Abstract
The article presents a speech by George A. Akerlof of the Department of Economics at the University of California at Berkeley, delivered at the one hundred eighteenth meeting of the American Economics Association on January 6, 2007 in Chicago, Illinois. Akerlof discusses the decline of Keynesian economics after the late 1970s and the change in economic methodology that encouraged a retreat from such "casual" ways. Akerlof also details five separate neutralities that overturned aspects of Keynesian macroeconomics previously thought to be indisputable.
- Subjects
AKERLOF, George A., 1940-; AMERICAN Economic Association; KEYNESIAN economics; ECONOMICS; ECONOMICS methodology; MACROECONOMICS education; HISTORY; CONFERENCES &; conventions
- Publication
American Economic Review, 2007, Vol 97, Issue 1, p5
- ISSN
0002-8282
- Publication type
Speech
- DOI
10.1257/aer.97.1.5