Classical Theories of Money, Output and Inflation PDF Download

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Classical Theories of Money, Output and Inflation

Classical Theories of Money, Output and Inflation PDF Author: Roy Green
Publisher: Springer
ISBN: 1349223883
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical 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.