Classical Macroeconomics - Some Modern Variations and Distortions (Hardcover, New)

John Maynard Keynes failed to correctly interpret classic economic concepts, and dismissed the classical explanations and conclusions as being irrelevant to the world in which we live. The trauma of the Great Depression and Keynes's changed definition of economic concepts, aided by Eugen Böhm-Bawerk, have made it difficult for modern economists to fully appreciate the classical insights. This book clarifies the classical explanations to resolve the continuing theoretical and policy disputes. Key chapters include:
*On the definition of money
*Keynes's misinterpretation of the classical theory of interest
*The classical theory of growth and Keynes's paradox of thrift
*The mythology of the Keynesian multiplier

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge Studies in the History of Economics
Release date:	May 2003
First published:	2003
Authors:	James C.W. Ahiakpor
Dimensions:	234 x 156 x 19mm (L x W x T)
Format:	Hardcover
Pages:	276
Edition:	New
ISBN-13:	978-0-415-15332-4
Categories:	Books > Business & Economics > Economics > Macroeconomics > General
LSN:	0-415-15332-8
Barcode:	9780415153324

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