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The Meaning Of Macroeconomics

Author

Listed:
  • Jörg Guido Hülsmann1

    (LUNAM Université, Université d’Angers)

Abstract

The present paper is based on the Ludwig von Mises Lecture given at Grove City College on February 25, 2012. It discusses the meaning of macroeconomics from the point of view of the Austrian School. We give a brief outline of the history of macroeconomics (I) and then ponder the substantive arguments for and against macroeconomics as a scientific discipline (II). We are especially interested by the question whether and to which extent Austrian economics and macroeconomics can be reconciled. Is there something like Austrian macroeconomics?

Suggested Citation

  • Jörg Guido Hülsmann1, 2012. "The Meaning Of Macroeconomics," Romanian Economic Business Review, Romanian-American University, vol. 7(3), pages 40-54, September.
    • Handle: RePEc:rau:journl:v:7:y:2012:i:3:p:40-54
    as

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA12/REBE-FA12-A4.pdf
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    References listed on IDEAS

    as
    1. Michel De Vroey, 2004. "The History of Macroeconomics Viewed against the Background of the Marshall-Walras Divide," History of Political Economy, Duke University Press, vol. 36(5), pages 57-91, Supplemen.
    2. Robert Pollin & Michael Stone, 1991. "Analysis," Challenge, Taylor & Francis Journals, vol. 34(1), pages 53-57, January.
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