Post Walrasian Macro Policy and the Economics of Muddling Through

This paper expands on my earlier discussion of Post Walrasian macroeconomics policy. (Colander and van Ess 1996) First, it defines what I mean by Post Walrasian macroeconomics. Second, it discusses some of the theoretical differences between Post Walrasian and Walrasian macro theorizing as they relate to policy. Finally, it discusses how an acceptance of Post Walrasian economics might change the focus of macro policy discussions.