This book arose out of research carried out by the authors in the period 1983-1987 whilst at the National Institute of Economic and Social Research.

This book arose out of research carried out by the authors in the period 1983-1987 whilst at the National Institute of Economic and Social Research.

As the subtitle indicates, this book presents a new classical microeconomic framework.

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics.