A criticism of the logical refutation of neoclassical macroeconomics
Abstract
This paper is an answer to Gilson Schwartz’s paper, published in Revista de
Economia Política, vol. 9, n. 1. It shows that his intended logical refutation of the neoclassical
macroeconomic theory falls due to conceptual misunderstandings. It demonstrates these
misunderstandings and suggests some more reasonable ways of criticism to neoclassical
macroeconomics.
JEL Classification: B41; B21.
Keywords: Neoclassic theory methodology of economy