Tuesday, December 06, 2011

Influência de Hayek na "Escola de Chicago"?

Hayek and Modern Macroeconomics, por Alex Tabarrok:

David Laidler exaggerated but he was much closer to the truth than Krugman or Warsh when he wrote in 1982 regarding new-classical macroeconomics:

… I prefer the adjective neo-Austrian… In their methodological individualism, their stress on the market mechanism as a device for disseminating information, and their insistence that the business-cycle is the central problem for macroeconomics, Robert E. Lucas Jr., Robert J. Barro, Thomas J. Sargent, and Neil Wallace, who are the most prominent contributors to this body of doctrine, place themselves firmly in the intellectual tradition pioneered by Ludwig von Mises and Friedrich von Hayek.
Thus, Hayek was an important inspiration in the modern program to build macroeconomics on microfoundations. The major connecting figure here is Lucas who cites Hayek in some of his key pieces and who long considered himself a kind of Austrian. (Indeed, to the great consternation of some of my colleagues, I once argued that Lucas was the greatest Austrian economist of the 20th century.)

1 comment:

PR said...

Acho que foi o JMiranda que disse algures que a melhor economia neoclássica não se distingue da melhor economia austríaca. Acho que, neste sentido, ele tem razão. Mas os austríacos fazem questão de vincar o mais possível as diferenças entre os dois campos.

Curiosamente, não é o único ponto de contacto. Penso que todo o marginalismo, que está na base da micro, tem raízes "austríacas" (Menger, Bohm-Bawerk, etc.).