Classical versus Neoclassical Monetary Theories: The Roots, Ruts, and Resilience of Monetarism ― and Keynesianism (Frontiers in Electronic Testing) - Hardcover

Mason, Will E.; Butos, William N.

Hardcover

ISBN 10: 0792398173 ISBN 13: 9780792398172

Verlag: Springer, 1996

Inhaltsangabe

Classical Versus Neoclassical Monetary Theories, completed just before Professor Will E. Mason's untimely death, places recent and mid-20th century monetary theory in a larger historical context, while examining the relevance of contemporary questions in monetary policy. The first half of the volume analyzes the development of the methodological and conceptual foundations of monetary theory, up to and including contemporary mainstream views; the second half addresses more policy-oriented monetary questions. Emphasis is placed on the dichotomy of monetary and value theory, the Walrasian general equilibrium paradigm, the resolution of the `Patinkin controversy', the Federal Reserve System's failed experiment with `pure monetarism', and the misplacement of the free market in the `Chicago paradox'.
Classical Versus Neoclassical Monetary Theories will be of interest both to historians of economic thought and monetary and macro economists, as well as to many well-informed followers and fashioners of monetary policy.

Details zur Ausgabe

• Verlag: Springer
• Erscheinungsdatum: 1996
• Sprache: Englisch
• ISBN 10: 0792398173
• ISBN 13: 9780792398172
• Einband: Gebundene Ausgabe
• Anzahl der Seiten: 236
• Kontakt zum Hersteller: Dt. Universitätsverlag; buchhandel-buch@springer.com; ; Abraham-Lincoln-Str. 46; Wiesbaden; 65198; Deutschland