Add to ORKGMy paper examines how Lange integrated the Walrasian and the Keynesian ingredients in his research. I argue that his works proposed two kinds of macroeconomics. The first kind was IS-LM, but IS-LM interpreted as an aggregate version of Walras' general equilibrium model (Lange, 1938). The second kind was developed in Lange's 1944 book. There, macroeconomic became a subfield of stability analysis. The paper highlights Hicks' (1939) decisive influence on Lange. It shows that Value and Capital revealed to Lange how he could use the Walrasian framework to unveil the inherent instability of the capitalist system. This part of the paper help us assess Lange's achievements and his influence on the generation of Modigliani, Solow and Patinkin
Ever since the publication of Keynes’ The General Theory in 1936, both the theoretical and methodolo...
Of the main controversies in 20th century political economy, none were more heated than the debate o...
In 1944 Franco Modigliani published a famous article summarizing the Keynesian model; in 1963 he ext...
My paper examines how Lange integrated the Walrasian and the Keynesian ingredients in his research. ...
A few years after the publication of The General Theory, a number of economists began to present Key...
A few years after the publication of The General Theory, a number of economists began to present Key...
International audienceA few years after the publication of The General Theory, a number of economist...
Oskar Lange's 1938 article “The Rate of Interest and the Optimum Propensity to Consume” is usually a...
From the 1930s, economic controversy has been a tale of three cities (Chicago and the two Cambridges...
This paper provides an outline of the historical development of Keynesian macroeconomics. It first a...
Analysing the recent history of macroeconomics, my paper claims that the new classical revolution sh...
The paper addresses the hypothesis according to which the traditional equilibrium notion as a centre...
What I argue in this paper is that the direction economics ,and particularly theoretical economics, ...
Robert W. Clower’s article “The Keynesian Counter-Revolution: A Theoretical Appraisal” (1965) deeply...
Beginning in the late 1950s during the industrial revolution, new classical macroeconomists began to...
Ever since the publication of Keynes’ The General Theory in 1936, both the theoretical and methodolo...
Of the main controversies in 20th century political economy, none were more heated than the debate o...
In 1944 Franco Modigliani published a famous article summarizing the Keynesian model; in 1963 he ext...
My paper examines how Lange integrated the Walrasian and the Keynesian ingredients in his research. ...
A few years after the publication of The General Theory, a number of economists began to present Key...
A few years after the publication of The General Theory, a number of economists began to present Key...
International audienceA few years after the publication of The General Theory, a number of economist...
Oskar Lange's 1938 article “The Rate of Interest and the Optimum Propensity to Consume” is usually a...
From the 1930s, economic controversy has been a tale of three cities (Chicago and the two Cambridges...
This paper provides an outline of the historical development of Keynesian macroeconomics. It first a...
Analysing the recent history of macroeconomics, my paper claims that the new classical revolution sh...
The paper addresses the hypothesis according to which the traditional equilibrium notion as a centre...
What I argue in this paper is that the direction economics ,and particularly theoretical economics, ...
Robert W. Clower’s article “The Keynesian Counter-Revolution: A Theoretical Appraisal” (1965) deeply...
Beginning in the late 1950s during the industrial revolution, new classical macroeconomists began to...
Ever since the publication of Keynes’ The General Theory in 1936, both the theoretical and methodolo...
Of the main controversies in 20th century political economy, none were more heated than the debate o...
In 1944 Franco Modigliani published a famous article summarizing the Keynesian model; in 1963 he ext...