Modern Makroiktisadi Uzlaşının Kayıp Ekonomi Politiği: Yerleşik Formalist, Yerleşik Kuramsal ve Yerleşik Politik Uzlaşı

Abstract

For the last three decades, the Mainstream macroeconomics has been witnessing a "theoretical consensus" between the New Classic Economics (NCE) and New Keynesian Economics (NKE). This consensus is a consensus of "New Classical Models" which are based on rational expectations and perfect markets assumptions and "New Keynesian Models" which are based on sticky wage, sticky prices and rational expectations assumptions, it is a "New Neo Classical Synthesis Economics". In this study, macro consensus discussion that stands out in the mainstream economics literature will be defined as "Mainstream Macro Theoretical Consensus", "Mainstream Formalist Methodological Consensus" and "Mainstream Macro Politics Consensus" and the performance of consensus economics will be discussed. Then, the dilemmas and weakness of mainstream methodology against crisis will be prioritized.

The Visible Hand of Economics: Institutional Chance Performance and Sustainable Institutional Development

“…Within the concept of institution, the relationship of social psychology with the concepts such as social cognition, social representations and mental models; the relationship of law with the concepts of property rights, contract economies and the relationship of governance and political science with the concept of governance structure in the NIE approach are all excluded from the scope and responsibility of the mainstream-theory (Orhan, 2016(Orhan, , 2016b(Orhan, , 2016c. This social context provides the economic theory with a methodological perspective that reproduces itself in the economic institutions in an organizational and behavioral sense.…”