Working Paper Number
This note comments on the state of macroeconomics, arguing that the ‘micro founded’ macro that developed after 1970s has been a wasteful detour. The paper will appear in a symposium in Homo Oeconomicus, vol. 27 (2), 2010, on the crisis and the response from the British Academy to the questions from the British Queen.
Skott, Peter, "The Great Detour" (2010). Economics Department Working Paper Series. 102.
Retrieved from http://scholarworks.umass.edu/econ_workingpaper/102