Macroeconomics has gone through profound adjustments because the Keynesian consensus broke down within the mid-60s. Axel Leijonhufvud belonged to that center team of unique macroeconomists who wrought the adjustments that introduced again the classical inquiries to the topic: microfoundations, cash, markets, associations, details, transition dynamics and masses else. He shaped an entire sequence of conceptual options that experience develop into a part of the folklore of economic macroeconomics. during this number of essays exclusive colleagues and previous scholars pay homage to this light highbrow huge. concerns that experience featured on the centre of Axel Leijonhufvud's examine for over 30 years are mentioned via the participants. heritage of inspiration, philosophy of technological know-how and transition dynamics as well as the extra principal problems with cash, inflation, financial regimes, info, associations, microfoundations, expanding returns and stabilizing hypothesis are many of the imperative issues mentioned, empirically and theoretically, in those essays.
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