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Classical Macroeconomics
- Some Modern Variations and Distortions
Engelsk
Bogcover for Classical Macroeconomics af James C.W. Ahiakpor, 9780415771108
Specifikationer
Sprog:
Engelsk
Sider:
258
ISBN-13:
9780415771108
Indbinding:
Paperback
ISBN-10:
0415771102
Kategori:
Udg. Dato:
1 aug 2006
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
1 aug 2006
Forfatter(e):

Classical Macroeconomics

- Some Modern Variations and Distortions
Engelsk
Paperback 2006
Format:

Bog beskrivelse

John Maynard Keynes failed to correctly interpret classic economic concepts, and dismissed the classical explanations and conclusions as being irrelevant to the world in which we live. The trauma of the Great Depression and Keynes''s changed definition of economic concepts, aided by Eugen Böhm-Bawerk, have made it difficult for modern economists to fully appreciate the classical insights.

This outstanding book clarifies the classical explanations to resolve the continuing theoretical and policy disputes. Key chapters include:

  • On the Definition of Money
  • Keynes''s Misinterpretation of the Classical Theory of Interest
  • The Classical Theory of Growth and Keynes''s Paradox of Thrift
  • The Mythology of the Keynesian Multiplier

This unique book demonstrates that it is Keynes''s understanding of some fundamental classical economic concepts which is at fault, and extends its analysis to other modern contributions in macroeconomics.

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Specifikationer
Sprog:
Engelsk
Sider:
258
ISBN-13:
9780415771108
Indbinding:
Paperback
ISBN-10:
0415771102
Kategori:
Udg. Dato:
1 aug 2006
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
1 aug 2006
Forfatter(e):
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