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Abstract

Macroeconomics emerged from IS—LM complacency as a result of the Clower-Leijonhufvud revolution in the 1960s. Three decades have passed since the decisive contributions by these two macroeconomic masters and turbulence has reigned in the subject during this period, not least because of the fundamental reorientations they pioneered.

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References

  • Leijonhufvud, A. (1981) Information and Coordination: Essays in Macroeconomic Theory (Oxford University Press).

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  • Leijonhufvud, A. (1983) Inflation and Economic Performance (Tübingen: J. C. B. Mohr (Paul Siebeck)).

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  • Leijonhufvud, A. (1985) ‘Ideology and Analysis in Macroeconomics’, in Peter Koslowski (ed.) Economics and Philosophy (J. C. B. Mohr (Paul Siebeck)). Tübingen.

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  • Leijonhufvud, A. (1991) ‘The Uses of the Past’. Paper written for the History of Economics Society Conference, Harvard University, Cambridge, Mass., June 1987 (revised November 1991).

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© 1996 Daniel Vaz and Kumaraswamy Velupillai

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Velupillai, K., Vaz, D. (1996). Introduction. In: Vaz, D., Velupillai, K. (eds) Inflation, Institutions and Information. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-13521-9_1

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