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Author: Pascal Bridel
Publisher: Springer
ISBN: 1349186627
Category : Business & Economics
Languages : en
Pages : 237
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Book Description
The primary aim of the book is to provide a critical evaluation of the origin and development of the Cambridge saving-investment analysis. This work disentangles painstakingly from a maze of sometimes contradictory, obscure and often neglected contributions, the line which leads from Marshall's interest theory to Keynes's income adjustment process. In particular, it charts, for the first time, the various steps taken by this line of inquiry in the writings of Pigou, Hawtrey, Robertson, Lavington and Keynes.
Author: Pascal Bridel
Publisher: Springer
ISBN: 1349186627
Category : Business & Economics
Languages : en
Pages : 237
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Book Description
The primary aim of the book is to provide a critical evaluation of the origin and development of the Cambridge saving-investment analysis. This work disentangles painstakingly from a maze of sometimes contradictory, obscure and often neglected contributions, the line which leads from Marshall's interest theory to Keynes's income adjustment process. In particular, it charts, for the first time, the various steps taken by this line of inquiry in the writings of Pigou, Hawtrey, Robertson, Lavington and Keynes.
Author: Augusto Graziani
Publisher: Cambridge University Press
ISBN: 113943800X
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
In mainstream economic theory money functions as an instrument for the circulation of commodities or for keeping a stock of liquid wealth. In neither case is it considered fundamental to the production of goods or the distribution of income. Augusto Graziani challenges traditional theories of monetary production, arguing that a modern economy based on credit cannot be understood without a focus on the administration of credit flows. He argues that market asset configuration depends not upon consumer preferences and available technologies but on how money and credit are managed. A strong exponent of the circulation theory of monetary production, Graziani presents an original and perhaps controversial argument that will stimulate debate on the topic.
Author: Colin Rogers
Publisher: Cambridge University Press
ISBN: 9780521359566
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
The novel feature of this study is the application of Keynes' principle of effective demand to demonstrate the existence of a long-run unemployment equilibrium without the assumption of rigid wages.
Author: Arie Arnon
Publisher: Cambridge University Press
ISBN: 113949208X
Category : Business & Economics
Languages : en
Pages : 449
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Book Description
This book provides a comprehensive survey of the major developments in monetary theory and policy from David Hume and Adam Smith to Walter Bagehot and Knut Wicksell. In particular, it seeks to explain why it took so long for a theory of central banking to penetrate mainstream thought. The book investigates how major monetary theorists understood the roles of the invisible and visible hands in money, credit and banking; what they thought about rules and discretion and the role played by commodity-money in their conceptualizations; whether or not they distinguished between the two different roles carried out via the financial system - making payments efficiently within the exchange process and facilitating intermediation in the capital market; how they perceived the influence of the monetary system on macroeconomic aggregates such as the price level, output and accumulation of wealth; and finally, what they thought about monetary policy.
Author: Colin P. Elliott
Publisher: Cambridge University Press
ISBN: 1108418600
Category : Business & Economics
Languages : en
Pages : 225
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Book Description
Reconceptualizes economic theory as a tool for understanding the Roman monetary system and its social and cultural contexts.
Author: Lawrence H. White
Publisher: Cambridge University Press
ISBN: 1107012422
Category : Business & Economics
Languages : en
Pages : 439
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Book Description
This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.
Author: Phyllis Deane
Publisher: Cambridge University Press
ISBN: 9780521293150
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
An introduction to the history of economics for undergraduate students. Puts some of the current theoretical controversies into long-term perspective by tracing their historical antecedents and parallels.
Author: Alessandro Roncaglia
Publisher: Cambridge University Press
ISBN: 110717533X
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
A clear and concise history of economic thought, developed from the author's award-winning book, The Wealth of Ideas.
Author: Paul Crosthwaite
Publisher: Cambridge University Press
ISBN: 1316515753
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
This book provides a comprehensive and authoritative guide to the interdisciplinary field of literature and economics.
Author: Carl E. Walsh
Publisher: MIT Press
ISBN: 9780262232319
Category : Business & Economics
Languages : en
Pages : 636
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Book Description
An overview of recent theoretical and policy-related developments in monetary economics.
