before and after the 1967 article. Four conclusions are obtained. First, Clower (1967) intended to reorient Patinkin … for disequilibrium microfoundations to Keynesian macroeconomics. Third, Clower's (1967) project was to formulate a … disequilibrium monetary theory. Fourth, such a project failed because of Clower's (1965) approach to disequilibrium economics. …

R obert W. Clower's article "The Keynesian Counter - Revolution: A Theoretical Appraisal" (1965) deeply influenced the … works of Clower during the 1950s. My paper aims to offer an alternative explanation. It is synthesized in the metaphor of an … 1960s, is characterized by a double change in perspective ( individual equilibrium vs. individual disequilibrium, and …

Robert W. Clower's article "The Keynesian Counter - Revolution: A Theoretical Appraisal" (1965) deeply influenced the … works of Clower during the 1950s. My paper aims to offer an alternative explanation. It is synthesized in the metaphor of an … 1960s, is characterized by a double change in perspective ( individual equilibrium vs. individual disequilibrium, and …

. It is argued that Clower (1967) sought to elaborate a disequilibrium monetary theory whilst retaining the two pillars of …Robert W. Clower’s article “A Reconsideration of the Microfoundations of Monetary Theory” (1967) deeply influenced the … course of modern monetary economics. On the one hand, it questioned Don Patinkin’s (1956) project to integrate monetary and …

before and after the 1967 article. Four conclusions are obtained. First, Clower (1967) intended to reorient Patinkin … for disequilibrium microfoundations to Keynesian macroeconomics. Third, Clower's (1967) project was to formulate a … disequilibrium monetary theory. Fourth, such a project failed because of Clower's (1965) approach to disequilibrium economics …

with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium … tradition of Clower and Leijonhufvud, and for a long time has been overshadowed by New-classical and New-Keynesian orthodoxy …. However, the development of agent based modelling and behavioural economics will perhaps give disequilibrium macroeconomics a …

with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium … tradition of Clower and Leijonhufvud, and for a long time has been overshadowed by New-classical and New-Keynesian orthodoxy …. However, the development of agent based modelling and behavioural economics will perhaps give disequilibrium macroeconomics a …