SciELO - Scientific Electronic Library Online

vol.39 issue4A relação entre educação pré-primária, salários, escolaridade e proficiência escolar no BrasilRevisitando a função de reação fiscal no Brasil pós-Real: uma abordagem de mudanças de regime author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand




Related links


Estudos Econômicos (São Paulo)

Print version ISSN 0101-4161On-line version ISSN 1980-5357


JARDIM, Eduardo Ferreira; LICHAND, Guilherme  and  GALA, Paulo. Microfundamentos da Macroeconomia: notas críticas. Estud. Econ. [online]. 2009, vol.39, n.4, pp.851-871. ISSN 0101-4161.

Since the seventies, there has been a strong ressurgence of microfoundations in Economics, alongside with a change in mainstream's attitude towards theories that try to rate theories as scientific or non-scientific based on the degree of formalization and, specially, on the presence or lack of microfundations. This change has led to a gradual separation of theory and practice that seems to be harmful to economics. This paper criticizes microfoundations from two different standpoints: first, through reviewing what we call internal criticisms to microfoundations, mainly related to the misleading consequences of reductionism and of the adoption of representative agents in economic modeling; and, second, by developing external critics that highlight the impossibility of finding a priori criteria for judging theories, due to the inexistence of correct and definitive foundations of knowledge. Last, the pragmatic perspective is presented as an alternative.

Keywords : Macroeconomics microfoundations; pragmatism; selection criteria; Methodology.

        · abstract in Portuguese     · text in Portuguese     · Portuguese ( pdf epdf )


Creative Commons License All the contents of this journal, except where otherwise noted, is licensed under a Creative Commons Attribution License