by From Asad Zaman Previous posts ( MMT Macro Final 1/3 , and MMT Macro Final 2/3 ) have covered questions 1-4 and 5-8. This post covers the last 4 question of the MMT based Advanced Macro course I taught last semester at PIDE. The central methodological difference at the heart of my course was the principle of Entanglement: Theories cannot be understood outside their historical context, and history cannot be understood without understanding theories used by human agents to understand and respond to that history. This is one of the three methodological principles that I have extracted from a study of Methodology of Polanyi’s Great Transformation . This issue is discussed in the answer to question 11 below. Because of its central importance, I have also tried to explain it in greater
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from Asad Zaman
Previous posts ( MMT Macro Final 1/3 , and MMT Macro Final 2/3 ) have covered questions 1-4 and 5-8. This post covers the last 4 question of the MMT based Advanced Macro course I taught last semester at PIDE. The central methodological difference at the heart of my course was the principle of Entanglement: Theories cannot be understood outside their historical context, and history cannot be understood without understanding theories used by human agents to understand and respond to that history. This is one of the three methodological principles that I have extracted from a study of Methodology of Polanyi’s Great Transformation . This issue is discussed in the answer to question 11 below. Because of its central importance, I have also tried to explain it in greater detail in a separate 18 min video lecture. read more