Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/41336 
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dc.contributor.authorHeise, Arneen
dc.date.accessioned2010-10-19-
dc.date.accessioned2010-10-27T09:52:23Z-
dc.date.available2010-10-27T09:52:23Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/41336-
dc.description.abstractThe traditional theory of economic policy of the Tinbergen-Theil-type has come under severe criticism: in the ontological setting of the New Classical Macroeconomics based on the Rational Expectations Hypothesis (REH), economic policy is ineffective or neutral with respect to real variables. In the ontological setting of Hayekian economics based on informational deficiencies, economic policy is without orientation and, therefore, more harm- than helpful. Therefore, both criticisms are united in their rejection of state interventions. In this paper, a Post Keynesian alternative will be presented which is situated between nomocratic abstinence and teleological controllability.en
dc.language.isoengen
dc.publisher|aUniversität Hamburg, Department Wirtschaft und Politik |cHamburgen
dc.relation.ispartofseries|aArbeitspapiere für Staatswissenschaft |x28en
dc.subject.ddc300en
dc.subject.keywordeconomic policyen
dc.subject.keywordPost Keynesianismen
dc.subject.keywordpolicy coordinationen
dc.subject.stwWirtschaftspolitiken
dc.subject.stwNeue klassische Makroökonomiken
dc.subject.stwRationale Erwartungen
dc.subject.stwÖsterreichische Schuleen
dc.subject.stwKritiken
dc.subject.stwPostkeynesianismusen
dc.titleA Post Keynesian theory of economic policy - filling a void-
dc.typeWorking Paperen
dc.identifier.ppn63701006Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:uhhafs:28en

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