ABSTRACT

Alfred Eichner died in February of 1988. His greatest legacy to the economies profession therefore must be his students rather than his ideas, because he died before his full potential was developed, and the concepts and approaches to economics with which he was struggling had not yet been fully fleshed out. I know that Alfred still had an open mind on many issues and that he was still willing to learn and eager to absorb new material. Accordingly, almost all that he wrote was still in the formative stage. And nowhere is this more true than in his provisional text entitled The Macrodynamics of Advanced Market Economies, which was distributed to his colleagues for comments in 1987 and has since been published as a book (Eichner, 1991).