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Co-ordinating the Not-Too-Rational: Leijonhufvud’s Macroeconomic Methodologies

In: Inflation, Institutions and Information

Author

Listed:
  • Kumaraswamy Velupillai
  • Lionello Punzo

Abstract

Axel Leijonhufvud (AL) has almost always worked at the frontiers of macroeconomics; in his early professional career the frontiers of monetary macroeconomics were defined and delineated by his work. However, almost immediately after his magnum opus, he began introducing a series of conceptual innovations as desiderata in the formalisms of market dynamics, monetary regimes, macrodynamics, rational behaviour, consumer theory, production theory and also doctrine and monetary history.

Suggested Citation

  • Kumaraswamy Velupillai & Lionello Punzo, 1996. "Co-ordinating the Not-Too-Rational: Leijonhufvud’s Macroeconomic Methodologies," Palgrave Macmillan Books, in: Daniel Vaz & Kumaraswamy Velupillai (ed.), Inflation, Institutions and Information, chapter 3, pages 12-23, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13521-9_3
    DOI: 10.1007/978-1-349-13521-9_3
    as

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