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This digital document is an article from Southern Economic Journal, published by Southern Economic Association on July 1, 1993. The length of the article is 8004 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: The evolutionary view of Alchian should be used as a framwork for theory construction in the field of macroeconomics, and it can be modelled in a computable way, though standard modelling methods are inappropriate. Standard theory cannot cope with certain situations, for example, in a situation of high inflation, intertemporal markets disappear. Computable Economics is thus an important field, since it not only allows more complex systems to be discovered, but can also help change modelling orientation and techniques.
Citation Details Title: Towards a not-too-rational macroeconomics. Author: Axel Leijonhufvud Publication:Southern Economic Journal (Refereed) Date: July 1, 1993 Publisher: Southern Economic Association Volume: v60 Issue: n1 Page: p1(13)