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A Market Theory of Money (Hardcover, New)
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A Market Theory of Money (Hardcover, New)
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Total price: R4,058
Discovery Miles: 40 580
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John Hicks's writing on monetary economics spans over 50 years.
This book draws together the common threads of his work in a single
succinct statement of the basics of monetary theory. It also
outlines a theory of competitive markets which can be linked to the
monetary sector; neither standard classical or neo-classical value
theory can , on its own, fill the gap between monetary and
non-monetary economics. In reviewing his own work, Hicks explains
the way in which economic theory has been adjusted to reflect
developments in the real economy. He sees these changes, sometimes
quite major, as the discovery of truths which have become more
appropriate, rather than the the discovery of completely new
truths.
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