IDEAS home Printed from https://ideas.repec.org/a/rau/journl/v7y2012i3p40-54.html
   My bibliography  Save this article

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

    Download full text from publisher

    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA12/REBE-FA12-A4.pdf
    Download Restriction: no
    ---><---

    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.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kraleva, Natasa, 2011. "Learning Organizations: Prerequisite For Successful Tourism Organizations," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 2(1), pages 77-82.
    2. Archontis L. Pantsios & Solomon W. Polachek, 2017. "How Asymmetrically Increasing Joint Strike Costs Need Not Lead to Fewer Strikes," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 45(2), pages 149-161, June.
    3. Battaglini, Marco & Makarov, Uliana, 2014. "Cheap talk with multiple audiences: An experimental analysis," Games and Economic Behavior, Elsevier, vol. 83(C), pages 147-164.
    4. Michel De Vroey, 2012. "Microfoundations: A Decisive Dividing Line between Keynesian and New Classical Macroeconomics?," Chapters, in: Microfoundations Reconsidered, chapter 5, Edward Elgar Publishing.
    5. Bernardo Batiz-Lazo & Douglas Wood, 2003. "Corporate strategy for Mexican banks and market contestability," Industrial Organization 0301014, University Library of Munich, Germany.
    6. Shor, Eran & Roelfs, David J., 2015. "Social contact frequency and all-cause mortality: A meta-analysis and meta-regression," Social Science & Medicine, Elsevier, vol. 128(C), pages 76-86.
    7. Pecorino, Paul & Van Boening, Mark, 2001. "Bargaining and Information: An Empirical Analysis of A Multistage Arbitration Game," Journal of Labor Economics, University of Chicago Press, vol. 19(4), pages 922-948, October.
    8. Antonia Díaz & Cristina Echevarria, 1998. "- Kinship Related Altruistic Preferences And Inter-Vivos Transfers," Working Papers. Serie AD 1998-11, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    9. Michel De Vroey, 2007. "Did The Market‐Clearing Postulate Pre‐Exist New Classical Economics? The Case Of Marshallian Theory," Manchester School, University of Manchester, vol. 75(3), pages 328-348, June.
    10. Pedro Garcia Duarte, 2013. "A Path Through the Wilderness: Time Discounting in Growth Models," Working Papers, Department of Economics 2013_18, University of São Paulo (FEA-USP).
    11. Karen Norberg, 1998. "The Effects of Daycare Reconsidered," NBER Working Papers 6769, National Bureau of Economic Research, Inc.
    12. Gregory J. WERDEN, 1997. "Simulating The Effects Of Differentiated Products Mergers: A Practitioners' Guide," Department of Resource Economics Regional Research Project 967, University of Massachusetts.
    13. Kevin Hoover, 2005. "Dr. Keynes: Economic Theory in a Diagnostic Science," Working Papers 199, University of California, Davis, Department of Economics.
    14. Pedro Garcia Duarte, 2012. "Not Going Away? Microfoundations in the Making of a New Consensus in Macroeconomics," Chapters, in: Microfoundations Reconsidered, chapter 6, Edward Elgar Publishing.
    15. Fenn, Aju Jacob, 1998. "The impact of addiction information on cigarette consumption," ISU General Staff Papers 1998010108000012606, Iowa State University, Department of Economics.
    16. Andrés Álvarez & Vincent Bignon, 2013. "L. Walras and C. Menger: two ways on the path of modern monetary theory," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 20(1), pages 89-124, February.
    17. Schilirò, Daniele, 2005. "Il simposio su "mr. Keynes' system" all'Oxford meeting e il modello is-lm [The symposium on " mr. Keynes' system" to the Oxford meeting and the is-lm model]," MPRA Paper 33019, University Library of Munich, Germany.
    18. Kateřina Young, 2011. "Business Presentations: An Easy-to-Learn Skill or a Nightmare?," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2011(6), pages 80-92.
    19. Zoran Stefanovic, Branislav Mitrovic, 2015. "Revisiting New Institutional Economics: Basic Concepts And Research Directions," Ekonomika, Journal for Economic Theory and Practice and Social Issues 2014-04, „Ekonomika“ Society of Economists, Niš (Serbia).
    20. Ghosh, Arghya & Morita, Hodaka, 2012. "Competitor collaboration and product distinctiveness," International Journal of Industrial Organization, Elsevier, vol. 30(2), pages 137-152.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:7:y:2012:i:3:p:40-54. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alex Tabusca (email available below). General contact details of provider: https://edirc.repec.org/data/ferauro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.