This volume explores the different ways in which the history of
macroeconomic thought can be written. Three historiographical
chapters criticize both relativism and constructivism, arguing
instead for an eclectic, pluralistic approach. The remaining
chapters demonstrate the advantages of this, by adopting a range of
approaches to the history of macroecononmic thought. The ideas of
pre-Keynesian economists are analyzed from the perspective of
modern economic theory. The story of macroeconomics since Keynes is
told in three ways: a history without methodology, a methodological
appraisal of Keynesian economics, a Lakatosian rational
reconstruction in which monetarism and Keynesianism are viewed as
part of the same research programme. Rhetorical analysis is applied
to the work of Milton Friedman, John Muth, and Axel Leijonhufvud.
General
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