Classical Theories of Money, Output and Inflation (Innbundet)

Serie: Studies in Political Economy 


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Innbinding: Innbundet
Utgivelsesår: 1992
Antall sider: 271
Forlag: Palgrave Macmillan
Språk: Engelsk
Serie: Studies in Political Economy
ISBN/EAN: 9780333565629
Kategori: Økonomi og ledelse
Omtale Classical Theories of Money, Output and Inflation
Challenges the conventional view that monetarism, or the theory of money, is a necessary part of classical economics and shows, in a historical account of monetary controversy, that the framework upon which classical (and Marxian) analysis is based suggests an alternative account of the inflationary process. A corollary of the argument is that the monetarist approach is a logically necessary component of neoclassical analysis and that any attempt to criticise that approach in a fundamental way must involve an explicit rejection of the conceptual structure of neoclassical economics.

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