Complexity defying macroeconomics

نویسندگان

چکیده

Abstract This article contributes to the literature on complexity and macroeconomic models by exploring analytical relationship tensions between complex phenomena macroeconomics. By evaluating properties of organised complexity, this suggests alternative strategies for analysing macroeconomy. Drawing F. A. Hayek’s notion I examine how its causal relate criteria assumptions that contemporary use. The purpose is twofold: first, associate idea macroeconomy as an emergent totality arising from interplay individuals organising structure. conceptually challenges modern macro frames analysis. Second, introducing facilitates breaking away current conceptual straitjackets in Economic inquiry requires looking ways beyond standard analyse totality. stepping formalistic methods radical reductionism, favour unconventional approaches are sensitive rules, structures, complexity.

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ژورنال

عنوان ژورنال: Cambridge Journal of Economics

سال: 2023

ISSN: ['1464-3545', '0309-166X']

DOI: https://doi.org/10.1093/cje/bead002