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Modern Makroiktisadi Uzlaşının Kayıp Ekonomi Politiği: Yerleşik Formalist, Yerleşik Kuramsal ve Yerleşik Politik Uzlaşı

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  • Selma Sevinç ORHAN

Abstract

For the last three decades, the Mainstream macroeconomics has been witnessing a “theoretical consensus” between the New Classic Economics (NCE) and New Keynesian Economics (NKE). This consensus is a consensus of “New Classical Models” which are based on rational expectations and perfect markets assumptions and “New Keynesian Models” which are based on sticky wage, sticky prices and rational expectations assumptions, it is a “New Neo Classical Synthesis Economics”. In this study, macro consensus discussion that stands out in the mainstream economics literature will be defined as “Mainstream Macro Theoretical Consensus”, “Mainstream Formalist Methodological Consensus” and “Mainstream Macro Politics Consensus” and the performance of consensus economics will be discussed. Then, the dilemmas and weakness of mainstream methodology against crisis will be prioritized.

Suggested Citation

  • Selma Sevinç ORHAN, 2016. "Modern Makroiktisadi Uzlaşının Kayıp Ekonomi Politiği: Yerleşik Formalist, Yerleşik Kuramsal ve Yerleşik Politik Uzlaşı," Sosyoekonomi Journal, Sosyoekonomi Society, issue 24(27).
    • Handle: RePEc:sos:sosjrn:160108
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    Keywords

    New Classical and New Keynesian Consensus; Modern Macro Consensus; Keynes and Keynesian Revolution; DSGE Modells.;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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