ISBN: 9780521359566 - money, interest and capital: a study in the foundations of monetary theory (modern cambridge economics) (14 Ergebnisse)

Zustand: Good. First Edition. Former library copy. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.…

Zustand: Good. First Edition. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.

Zustand: Good. First Edition. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.

Zustand: New.

Zustand: New. This is a study of the foundations of monetary theory. It consists of two parts - a critique of the varieties of neoclassical monetary theory, and a statement of the foundations of post-Keynesian monetary theory. Series Editor(s): Deane, Phyllis; Mathur, Gautam; Robinson, Joan. Series: Modern Cambridge Economics Series. Num Pages: 336 pages, 2 tables, 24 line diagrams. BIC Classification: KCBM. Category: (P) Professional & Vocational. Dimension: 148 x 217 x 21. Weight in Grams: 472. . 1989. Illustrated. paperback. . . . . …

Zustand: New. pp. 336 Index.

Zustand: New. This is a study of the foundations of monetary theory. It consists of two parts - a critique of the varieties of neoclassical monetary theory, and a statement of the foundations of post-Keynesian monetary theory. Series Editor(s): Deane, Phyllis; Mathur, Gautam; Robinson, Joan. Series: Modern Cambridge Economics Series. Num Pages: 336 pages, 2 tables, 24 line diagrams. BIC Classification: KCBM. Category: (P) Professional & Vocational. Dimension: 148 x 217 x 21. Weight in Grams: 472. . 1989. Illustrated. paperback. . . . . Books ship from the US and Ireland. …

Zustand: Brand New. New. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service.

Taschenbuch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - This book presents a study in the foundations of monetary theory with several unique features. It consists of two parts: a critique of the varieties of neoclassical monetary theory, and a rigorous statement of the foundations of Post Keynesian monetary theory. The two parts reflect Joseph Schumpeter's distinction between monetary theories in the divergent traditions of Real and Monetary Analysis. Part I offers a novel critique of Wicksellian and neo-Walrasian general equilibrium versions of Real analysis. The critique of Wicksell's monetary theory demonstrates the general impossibility of defining the natural rate of interest without which the loanable funds theory collapses. The critique of neo-Walrasian monetary theory, on the other hand, exploits the inessential role of 'money' in temporary equilibrium and overlapping generations models and develops a novel interpretation of the Patinkin controversy and the Clower finance constraint. The implications of these developments are then traced through the debates between monetarists and Keynesians. Part II presents a rigorous argument for securing the foundations of Post Keynesian monetary theory in the tradition of Monetary Analysis. In the context of the evolution of the monetary system from commodity money to credit money. Wicksell's natural rate of interest is replaced by Keynes's marginal efficiency of capital which is in turn applied to Myrdal's notion of monetary equilibrium to derive a formal definition of Keynes's point of effective demand. This leads to the most novel feature of the book: the demonstration of the existence of a long-run unemployment equilibrium without the assumptions of rigid wages. The principle of effective demand is shown to break Say's Law by placing a limit on the profitable expansion of output before full employment is reached.…

Zustand: New. Print on Demand pp. 336 Illus.

Zustand: New. PRINT ON DEMAND pp. 336.

Paperback / softback. Zustand: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days.

Paperback. Zustand: new. Paperback. This book presents a study in the foundations of monetary theory with several unique features. It consists of two parts: a critique of the varieties of neoclassical monetary theory, and a rigorous statement of the foundations of Post Keynesian monetary theory. The two parts reflect Joseph Schumpeter's distinction between monetary theories in the divergent traditions of Real and Monetary Analysis. Part I offers a novel critique of Wicksellian and neo-Walrasian general equilibrium versions of Real analysis. The critique of Wicksell's monetary theory demonstrates the general impossibility of defining the natural rate of interest without which the loanable funds theory collapses. The critique of neo-Walrasian monetary theory, on the other hand, exploits the inessential role of 'money' in temporary equilibrium and overlapping generations models and develops a novel interpretation of the Patinkin controversy and the Clower finance constraint. The implications of these developments are then traced through the debates between monetarists and Keynesians. Part II presents a rigorous argument for securing the foundations of Post Keynesian monetary theory in the tradition of Monetary Analysis.In the context of the evolution of the monetary system from commodity money to credit money. Wicksell's natural rate of interest is replaced by Keynes's marginal efficiency of capital which is in turn applied to Myrdal's notion of monetary equilibrium to derive a formal definition of Keynes's point of effective demand. This leads to the most novel feature of the book: the demonstration of the existence of a long-run unemployment equilibrium without the assumptions of rigid wages. The principle of effective demand is shown to break Say's Law by placing a limit on the profitable expansion of output before full employment is reached. This book presents a study in the foundations of monetary theory with several unique features. The author also demonstrates the existence of a long-run unemployment equilibrium without the assumptions of rigid wages. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

Kartoniert / Broschiert. Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book presents a study in the foundations of monetary theory with several unique features. The author also demonstrates the existence of a long-run unemployment equilibrium without the assumptions of rigid wages.Inhaltsverzeichnis.…