0
Your cart

Your cart is empty

Books > Business & Economics > Economics > Economic theory & philosophy

Buy Now

Keynes, the Keynesians and Monetarism (Hardcover, illustrated edition) Loot Price: R4,027
Discovery Miles 40 270
Keynes, the Keynesians and Monetarism (Hardcover, illustrated edition): Tim Congdon

Keynes, the Keynesians and Monetarism (Hardcover, illustrated edition)

Tim Congdon

 (sign in to rate)
Loot Price R4,027 Discovery Miles 40 270 | Repayment Terms: R377 pm x 12*

Bookmark and Share

Expected to ship within 12 - 19 working days

Keynes, the Keynesians and Monetarism is a major contribution to the continuing debate on macroeconomic policy-making. Tim Congdon has been a strong supporter of monetarist economic principles for over 30 years. His writings - in the newspapers and for parliamentary committees, as well as in academic journals - played an influential role in the transformation of British macroeconomic policy in the 1980s and 1990s. This book brings together the main papers written by the author since his 1992 collection, Reflections on Monetarism. It challenges several 'conventional wisdoms' about UK macroeconomic policy (and thinking about policy), arguing - for example - that the Keynesians' advocacy of incomes policy and fiscal activism in the immediate post-war decades did not have a clear basis in Keynes's own writings. The book denies that the UK had a 'Keynesian revolution', in the sense of a deliberately pursued fiscal activism to promote 'full employment'. Implicit throughout the volume is a distinctive view of how the economy works, with an account of the transmission mechanism (from money to the economy) in which movements in asset prices and aggregate demand are strongly influenced by the quantity of money. Congdon uses this approach to demonstrate that monetary policy has had more powerful effects on macroeconomic activity in the post-war period than fiscal policy. He also suggests that the now fashionable 'New Keynesian' view of policy-making acknowledges the primacy of monetary policy and would be better termed 'output gap monetarism'. In short, Keynes, the Keynesians and Monetarism contends that monetarism defeated Keynesianism in the battle of ideas in the 1970s and 1980s. The achievement of greater macroeconomic stability in the last 15 years is largely due to the impact of monetarist thinking on policy-making. The book is clearly and attractively written, and covers topics that are fundamental to macroeconomic thinking and policy-making. It will be a provocative and appealing read for scholars at all levels of economics, macroeconomics and monetary theory. It will also find an audience among policymakers in central banks and finance ministries, business economists working in companies, and financial economists in the City of London and other centres.

General

Imprint: Edward Elgar Publishing Ltd
Country of origin: United Kingdom
Release date: August 2007
Authors: Tim Congdon
Dimensions: 234 x 156mm (L x W)
Format: Hardcover
Pages: 360
Edition: illustrated edition
ISBN-13: 978-1-84720-139-3
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Promotions
LSN: 1-84720-139-3
Barcode: 9781847201393

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!

You might also like..

The Asian Aspiration - Why And How…
Greg Mills, Olusegun Obasanjo, … Paperback R350 R317 Discovery Miles 3 170
Africa's Business Revolution - How to…
Acha Leke, Mutsa Chironga, … Hardcover  (1)
R751 R681 Discovery Miles 6 810
Black Tax - Burden Or Ubuntu?
Niq Mhlongo Paperback  (2)
R340 R304 Discovery Miles 3 040
Closing The Gap - The Fourth Industrial…
Tshilidzi Marwala Paperback R600 Discovery Miles 6 000
The Other End Of The Telescope - How To…
Ian Russell Paperback R250 R223 Discovery Miles 2 230
Our Long Walk To Economic Freedom - Why…
Johan Fourie Paperback R380 R356 Discovery Miles 3 560
Introduction To Business Management
S. Rudansky-Kloppers, B. Erasmus, … Paperback R610 Discovery Miles 6 100
The Future - More Than 80 Key Trends For…
Dion Chang, Bronwyn Williams, … Paperback R370 R347 Discovery Miles 3 470
Understanding Macroeconomics
Philip Mohr, Cecilia van Zyl, … Paperback  (6)
R471 Discovery Miles 4 710
Understanding South African Financial…
K. van Wyk, Z. Botha, … Paperback R821 Discovery Miles 8 210
Afrikaner-Kapitalisme: van Brandarm tot…
David Meade Paperback  (1)
R342 Discovery Miles 3 420
FutureNEXT - Reimagining Our World…
John Sanei, Iraj Abedian Paperback R385 Discovery Miles 3 850

See more

Partners