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 Bohm-Bawerk, have made it
difficult for modern economists to fully appreciate the classical
insights.
This outstanding 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
This unique book demonstrates that it is Keynes's understanding
of some fundamental classical economic concepts which is at fault,
and extends its analysis to other modern contributions in
macroeconomics.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Routledge Studies in the History of Economics |
Release date: |
August 2006 |
First published: |
2003 |
Authors: |
James C.W. Ahiakpor
|
Dimensions: |
234 x 156 x 15mm (L x W x T) |
Format: |
Paperback
|
Pages: |
258 |
Edition: |
Revised |
ISBN-13: |
978-0-415-77110-8 |
Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
LSN: |
0-415-77110-2 |
Barcode: |
9780415771108 |
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!