LIBÂNIO, Gilberto de assis
Uma nota sobre licas e o vício ricardiano - São Paulo : Editora 34, out./dez. 1997
Senior Indetermination stresses the limitations of pure theory to derive normative conclusions. This paper tries to show that Lucas runs into the so-called Ricardian Vice, when he goes straight from abstract theoretical models to economic policy for-mulations. It is argued that such a procedure is related to Lucas methodological posi-tions. That is, the as if methodology inherited from Friedman would lead to disregard of external elements in policy prescriptions
Uma nota sobre licas e o vício ricardiano - São Paulo : Editora 34, out./dez. 1997
Senior Indetermination stresses the limitations of pure theory to derive normative conclusions. This paper tries to show that Lucas runs into the so-called Ricardian Vice, when he goes straight from abstract theoretical models to economic policy for-mulations. It is argued that such a procedure is related to Lucas methodological posi-tions. That is, the as if methodology inherited from Friedman would lead to disregard of external elements in policy prescriptions
