Volume 10, No. 2 (Summer 2007)
Macroeconomics has developed over seventy years from John Maynard Keynes’s General Theory to the currently fashionable mathematical models that feature efficient markets and rational expectations. In shaping a broad overview of that development, the gestation of this paper was contemporaneous with, but independent of, a parallel history and evaluation of macroeconomics (Mankiw 2006). Some comments have been included upon contrasting features of these two representations.
