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Macroeconomics without the Errors of Keynes - The Quantity Theory of Money, Saving, and Policy (Hardcover)
Loot Price: R3,984
Discovery Miles 39 840
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Macroeconomics without the Errors of Keynes - The Quantity Theory of Money, Saving, and Policy (Hardcover)
Series: Routledge Studies in the History of Economics
Expected to ship within 12 - 17 working days
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Modern macroeconomics is in a stalemate, with seven schools of
thought attempting to explain the workings of a monetary economy
and to derive policies that promote economic growth with
price-level stability. This book pinpoints as the source of this
confusion errors made by Keynes in his reading of classical
macroeconomics, in particular the classical Quantity Theory and the
meaning of saving. It argues that if these misunderstandings are
resolved, it will lead to economic policies consistent with
promoting the employment and economic growth that Keynes was
seeking. The book will be crucial reading for all scholars with an
interest in the foundations of Keynes's theories, and anyone
seeking to understand current debates regarding macroeconomic
policy-making.
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