Lars P. Syll — Microfoundationalist delusions in macroeconomics

More on J. E. King, The Microfoundations Delusion.

Lars P. Syll's Blog
Microfoundationalist delusions in macroeconomics
Lars P. Syll | Professor of Social Studies and Associate Professor of Economic History at Malmö University

See also Lord Keynes, King on Post Keynesian Approaches to Microfoundations.

Interesting comments by Philip Pilkington, who argues King is wrong in apparently thinking that macro and micro are parallel rather than vertical, with macro identities acting as constraints on individuals and firms at the micro level. I would add that government policy is also a macro determinant of micro behavior. So I would conclude that Phil is expressing the MMT viewpoint.