Teze o neutralnosti gospodarske politike u novoj klasicnoj makroekonomiji
In: Politicka misao, Band 31, Heft 3, S. 99-108
The author analyzes fundamental concepts of the school of rational expectation (RATEX, an offspring of the Chicago school of economics). Theoretical foundations of the neoclassical macroeconomy are set out: the hypothesis of rational expectations in the circumstances of perfect competition & the principle of strategic interdependence. Central to these are the hypotheses of variants, misallocation of resources, & neutrality of economic policy. Outlined are rent-seeking & direct unproductive profit-seeking as well as alternative models in the new theoretical economy: economic constitutionalism, deficitarians, the theory of political business cycles, & supply-side economics. 22 References. Adapted from the source document.