0
Your cart

Your cart is empty

Books > Business & Economics > Economics > Macroeconomics

Buy Now

The Nature of Macroeconomics - Instability and Change in the Capitalist System (Hardcover) Loot Price: R1,961
Discovery Miles 19 610
The Nature of Macroeconomics - Instability and Change in the Capitalist System (Hardcover): Athol Fitzgibbons

The Nature of Macroeconomics - Instability and Change in the Capitalist System (Hardcover)

Athol Fitzgibbons

 (sign in to rate)
Loot Price R1,961 Discovery Miles 19 610 | Repayment Terms: R182 pm x 12*

Bookmark and Share

Expected to ship within 7 - 12 working days

This book addresses the long absence of a satisfactory theory of macroeconomics. Keynesian theory is not consistent with rational self-interest, but neo-classical economics is unable to explain economic volatility and the trade cycle. Athol Fitzgibbons critiques the leading macroeconomic theories, which he believes are unduly mechanistic because they are incompatible with non-quantitative knowledge. The author sketches the intellectual history of partial knowledge and judgement so far as these relate to macroeconomics, and rejects the claims that Keynes recanted the analysis of practical reason in his Treatise on Probability. Fitzgibbons's theme is the possibility of a new synthesis of Keynes and the neoclassical system. This stresses financial rationality, but it also recognizes that there is an element of indeterminacy in both government policies and the movements of the market.

General

Imprint: Edward Elgar Publishing Ltd
Country of origin: United Kingdom
Release date: 2000
Authors: Athol Fitzgibbons
Dimensions: 138 x 216mm (L x W)
Format: Hardcover
Pages: 192
ISBN-13: 978-1-84064-069-4
Categories: Books > Business & Economics > Economics
Books > Business & Economics > Economics > Macroeconomics
Books > Business & Economics > Economics > Macroeconomics > General
Promotions
Books > Business & Economics > Promotions
LSN: 1-84064-069-3
Barcode: 9781840640694

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

Partners