Causal and Stochastic Elements in Business Cycles : an Essential Extension of Macroeconomics Leading to Improved Predictions of Data / by Arvid Aulin.

The prevailing orthodoxy according to which all macroeconomic theory should be reducible to microeconomics is criticized. Such a dogma excludes from economics the creation of new knowledge, which - as distinguished from the mere transmission of knowledge in education and training - is a social proce...

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Bibliographic Details

Online Access:	Full Text (via Springer)
Main Author:	Aulin, Arvid
Format:	eBook
Language:	English
Published:	Berlin, Heidelberg : Springer Berlin Heidelberg, 1996.
Series:	Lecture notes in economics and mathematical systems ; 431.
Subjects:	Economics.