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Product Description: Experimental Economics may be said to have come of age in 2002 with the award to Vernon Smith of the Nobel Memorial Prize. As the Award Committee noted, economics had long been viewed as ‘a non-experimental science that had to rely exclusively on field data’, a view that was perceived by many as ‘an obstacle to the continued development of economics as a science’...read more

Product Description: Macroeconomics has undergone profound changes since the Keynesian consensus broke down in the mid-60s. Axel Leijonhufvud belonged to that core group of distinguished macroeconomists who wrought the changes that brought back the classical questions to the subject: microfoundations, money, markets, institutions, information, transition dynamics and much else...read more

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Product Description: A collection of essays concerned with nonlinear and multisectoral macrodynamics written in honour of Richard Goodwin which includes discussion of Goodwin's contribution and ideas in comparison with other theories.