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Clower's About-Face Regarding the Keynesian Revolutionn
2015
Social Science Research Network
Robert W. Clower's article "The Keynesian Counter-Revolution: A Theoretical Appraisal" (1965) deeply influenced the course of Keynesian macroeconomics by contributing to the transition from IS/LM macroeconomics to fix-price theories. Despite this influence, no scholar proposed to explain its origins, with the notable exception of Roger E. Backhouse and Mauro Boianovsky (2013) . They explained that the 1965 piece was the result of an independent research program rooted in the works of Clower
doi:10.2139/ssrn.2675245
fatcat:exxthvcpercj5aavqzofplzj6i