Browsing by Author "0407659"
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Causation, Spending, and Taxes: Sand in the Sandbox or Tax Collector for the Welfare State?
(1992)Causal relations between federal expenditure and taxation are analyzed using an approach based on the invariance of econometric relationships in the face of structural interventions. Institutional evidence for interventions ... -
Methodology: A Comment on Frazer and Boland, II
(1984)In a recent issue of "The American Economic Review (1983), William Frazer and Lawrence Boland present Milton Friedman's methodology as instrumentalism. The purpose of article is not to question Frazer and Boland's interpretation ... -
Relative Wages, Rationality, and Involuntary Unemployment in Keynes's Labor Market
(1995)The reputation of John Maynard Keynes’s General Theory of Employment, Interest, and Money as a badly written book is often exaggerated. But if it is deserved at all, it is because of parts such as chapter 2, “The Postulates ... -
Symposium on Marshall's Tendencies: 5 Sutton's Critique of Econometrics
(2002)Through most of the history of economics, the most influential commentators on methodology were also eminent practitioners of economics. And even not so long ago, it was so. Milton Friedman, Paul Samuelson, Trygve Haavelmo, ... -
Two Types of Monetarism
(1984)The 1970s witnessed the rise of two fashionable macroeconomic schools of thought--monetarism and the so-called "new classical" macroeconomics, the latter usually closely identified with one of the fundamental components, ...
