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Posted: September 10th, 2023

What is the neoclassical synthesis?

What is the neoclassical synthesis? How did it give rise to “theoretical schizophrenia” in post-war mainstream macroeconomics and how was this inconsistency resolved in subsequent contributions to mainstream macroeconomics?
Introduction: a bit background of the topic, why this topic is discussed/important, a clear thesis statement, the breakdown of essay structure(the arguments) Main body: please explain at least 3 arguments with a sub-heading for every of it. don’t forget to support it
with the evidence. Conclusion: clear conclusion with answering the question. ps: you can talk about IS/LM or Paul Samuelson or others.

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