El fallo sistemático del pensamiento macroeconómico

  1. Arias Moreira, Xosé Carlos
Revista:
Mediterráneo económico
  1. Costas Comesaña, Antón (coord.)

ISSN: 1698-3726

Ano de publicación: 2010

Título do exemplar: La crisis de 2008. De la economía a la política y más allá

Número: 18

Páxinas: 141-158

Tipo: Artigo

DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Outras publicacións en: Mediterráneo económico

Resumo

The major financial crisis has highlighted a systemic failing in the established structures of economic knowledge, which brings with it the possibility of a profound Schumpeterian process of creative destruction. We are certainly facing a critical opportunity for a profound renovation of macroeconomic theory, on a scale that is only seen under exceptional circumstances. However, as we have explained, in the interplay of forces that move the dynamics of theoretical crisis, not everyone is playing in favour of a major change in the existing paradigm. Hence, in spite of certain clear symptoms, it is not possible to categorically state that such a change is underway or reversible. However, as we have seen, in terms of what it does to the ideas that largely influence the shaping of economic policy, a significant change would be hard to avoid.

Referencias bibliográficas

  • ACEMOGLU, D. (2009): “The crisis of 2008: structural lessons for and from economics”, CEPR Policy Insight 28.
  • AKERLOF, G. y STIGLITZ, J. E. (2009): “Dejad que florezcan cien teorías”, Project Syndicate, noviembre.
  • AKERLOF, G.A. y R.J. SHILLER (2009): Animal Spirits. Princeton University Press.
  • BERLIN, I (1991). The Crooked Timber of Humanity: Chapters of the History of Ideas. Nueva York, Knopf [hay versión española en Península, 2002].
  • BESLEY, T. et al. (2009): Letter to Her Majesty the Queen (Julio).
  • BLANCHARD, O. (2009): «L’Etat Actuel de la Macroeconomie», Revue Francaise d’Economie, 24, pp. 3-40.
  • BLAUG, M. (1997): Economic Theory in Retrospect. Cambridge University Press [5ª edición].
  • BUITER, W. (2009): “The unfortunate uselessness of most ‘state of the art´ academic monetary economics”; Financial Times, 3 de marzo.
  • CASSIDY, J. (2010): “After the Blowup”; The New Yorker, 11 de enero.
  • CHARI, V. V. y KEHOE, P. J. (2006): “Modern Macroeconomics in Practice: How Theory Is Shaping Policy”; Journal of Economic Perspectives, 20; 4, pp. 3-28. COCHRANE, J. (2009): “Response to Paul Krugman”, Modeled Behaviour.
  • COLANDER, D. (2009): How Economists Got It Wrong: A Nuanced Account. Middlebury College Economics Discussion Paper 09-09.
  • COLANDER, D. et al. (2009): The Financial Crisis and the Systemic Failure of Academic Economics. Discussion Paper, Departamento de Economía de la Universidad de Copenhague.
  • CUKIERMAN, A. (2009a): “The Great Depression, the Current Crisis and Old versus New Keynesian Thinking”; Symposium on Perspectives on Keynesian Economics, Universidad Ben Gurion.
  • DE GRAUWE, P. (2009): “What’s Wrong with Modern Macroeconomics. Top-down versus Bottom-up macroeconomics”. DG ECFIN Annual Research Conference, Bruselas.
  • ELSTER, J. (2009): “Excessive Ambitions”; en Capitalism and Society, 4, 2, 1.
  • FRYDMAN, R. y M.D. GOLDBERG (2008): “Macroeconomic Theory for a World of Imperfect Knowledge”, Capitalism and Society, 3, 3, 1, Berkeley.
  • HAYEK, F. A. (1945): “The Use of Knowledge in Society”; en American Economic Review, XXXV, 4.
  • HIRSCHMAN, A. O. (1991): The Rhetoric of Reaction, Harvard University Press, CambridgeMass [hay versión española en Fondo de Cultura Económica].
  • HODGSON, G. M. (2009): “The great crash of 2008 and the reform of economics”; en Cambridge Journal of Economics, 33; pp. 1205-1221.
  • JOHNSON, S. (2009a): “The Quiet Coup”; en The Atlantic (mayo).
  • JOHNSON, S. (2009b): “The Economic Crisis and the Crisis in Economics”; en Peterson Institute for International Economics (junio).
  • KAHNEMAN, D. y TVERSKY, A. (1979): “Prospect Theory: An Analysis of Decisions Under Risk”; en Econometrica, vol. 47, pp. 263-291.
  • KALETSKY, A. (2009): “Goodbye, homo economicus”; en Prospect (abril).
  • KATES, S., ed. (2010): Macroeconomic Theory and Its Failings. Edward Elgar, Cheltenham.
  • KINDLEBERGER, C. P (1989): Manias, Panics, and Crashes. Nueva York, Basic Books [hay versión española en Ariel, 1991].
  • KIRMAN, A. (2009): “Economic theory and the crisis”; en Voxeu (noviembre).
  • KRUGMAN, P. (2009): “How Did Economists Get It So Wrong?”; en The New York Times, 2 de septiembre.
  • LUCAS, R. E. (2003): “Macroeconomic Priorities”; Presidential Adress of the American Economic Association.
  • LUX, T. y WESTERHOFF, F. (2009): “Economic crisis”; en Nature Physics, 5, 2-3.
  • MARGLIN, S. A. (2008): The Dismal Science. How Thinking Like an Economist Undermines Community. Harvard University Press, Cambridge-Mass.
  • MCCLOSKEY, D. N. (1996): The Vices of Economists. The Virtues of the Bourgeoisie, Amsterdam University Press.
  • MINSKY, H. P. (1986): Stabilizing an Unstable Economy. Yale University Press [hay versión española en Fondo de Cultura Económica].
  • MIROWSKI, P. (2002): Machine dream. Economics Becomes a Cyborg Science. Cambridge University Press.
  • MULLIGAN, C. B. (2009): “Is Macroeconomics Off Track?”; en The Economists Voice (noviembre).
  • PHELPS, E. S. (2009): “Refounding Capitalism”; en Capitalism and Society, 4, 3, 2.
  • POSNER, R. (2009a): A Failure of Capitalism: The Crisis of ‘08 and the Descent into Depression. Harvard University Press, Cambridge-Mass.
  • POSNER, R. (2009b): “How I Became a Keynesian”; en The New Republic, 23 de septiembre.
  • SEN, A. (2009): “Capitalism Beyond the Crisis”; en The New York Review of Books (marzo).
  • SHILLER, R. J. (2005): Irrational Exuberance. Princeton University Press [2ª edición].
  • SHILLER, R. J. (2009): Reinventar la economía. Project Syndicate (diciembre).
  • SKIDELSKY, R. (2009): Keynes, the Return of the Master. Penguin Books, Allan Lane [hay versión española en Crítica, 2009].
  • SOLOW, R. (2008): “Comments on Chari and Kehoe, 2006”; en Journal of Economic Perspectives, 22, 1; pp. 243-249.
  • SOLOW, R.(2009): “Dumb and Dumber in Macroeconomics”; en The Economists Voice.
  • STIGLITZ, J. (2010): Freefall. America, Free Markets, and the Sinking of the World Economy. Nueva York, Barnes and Noble.
  • SUROWIECKI, J. (2005): The Wisdom of Crowds. Nueva York, Anchor Books.
  • TALEB, N. N. (2007): The Black Swan. Nueva York, Ramdom House [hay versión española en Paidós, 2008].
  • THE ECONOMIST (2009): “The other-worldly philosophers” (16 de Julio).
  • WALTHER, H. (2009): “Economic Policy after the crash”; en Intervention, 6, 2.
  • WICKENS, M. (2009): “What’s Wrong with Modern Macroeconomics? Why its Critics Have Missed the Point”; DG ECFIN Annual Research Conference, Bruselas.
  • ZILIAK, S. T. y MCCLOSKLEY, D. N. (2007): The Cult of Statistical Significance. The University of Michigan Press, Ann Arbor.
Fonte de datos: Dialnet