Please use this identifier to cite or link to this item: http://hdl.handle.net/2123/7392

Title: THE MACROECONOMIC FETISH IN ANGLO-AMERICAN ECONOMIES
Authors: Jones, Evan
Economics
Issue Date: Jan-1993
Publisher: Department of Economics
Series/Report no.: 182
Abstract: English-speaking economists imagine that the economy is manipulated by policies directed at the macroeconomic level. The microeconomy is supposedly dictated by the market mechanism (and by policies designed to enhance the market's operations). This vision is reinforced in Australia within the syllabus, in the bureaucratic hierarchy, in policy priorities, and in media commentary. Yet the vision is essentially ideological, and historically inept. The intellectual and political origins of this vision are explored; and its distortionary and adverse effects on Australian industry policy are examined.
URI: http://hdl.handle.net/2123/7392
ISBN: 0 86758 759 8
Department/Unit/Centre: Economics
Appears in Collections:Working Papers - Economics

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