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Author: Arthur Cecil Pigou
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 168
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Book Description
Author: Arthur Cecil Pigou
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 168
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Book Description
Author: Robert Francis Irvine
Publisher:
ISBN:
Category : Money
Languages : en
Pages : 28
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Book Description
Author: Arthur C. Pigou
Publisher:
ISBN:
Category :
Languages : en
Pages : 150
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Book Description
Author: Arthur Cecil Pigou
Publisher:
ISBN:
Category :
Languages : en
Pages : 7
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Book Description
Author: A C (Arthur Cecil) 1877-1959 Pigou
Publisher: Hassell Street Press
ISBN: 9781013346439
Category :
Languages : en
Pages : 168
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Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: Peter Galbács
Publisher: Springer
ISBN: 3319175785
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
This book examines new classical macroeconomics from a comparative and critical point of view that confronts the original texts and later comments as a first dimension of comparison. The second dimension appears in a historical context, since none of the new classical doctrines can be analyzed ignoring the parallelism and discrepancies with the theory of Keynes, Friedman or Phelps. Radicalism of new classical macroeconomics has brought fundamental changes in economic thought, but the doctrines got vulgarized and distorted thanks to the mass of followers. Nowadays, economic theory and policy, trying to find their ways, have a less clear relationship than ever. Therefore, this volume is aimed at mapping and reconsidering the policy instruments and transmission mechanisms offered by the new classicals. Its central question points to the real nature of new classical macroeconomics: what consequences are grounded by the assumptions new classicals used. Moreover, issues raised by automatic fiscal stabilizers and fiscal reforms are analyzed as well, even if they were out of the range of classical texts. The book draws a picture of new classical macroeconomics stressing the analogies with Keynesian countercyclical policies, instead of the discrepancies commonly held.
Author: A. C. Pigou
Publisher:
ISBN:
Category :
Languages : es
Pages : 150
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Book Description
Author: Don Patinkin
Publisher:
ISBN:
Category :
Languages : en
Pages : 32
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Book Description
Author: Heinz-Peter Spahn
Publisher: Springer Science & Business Media
ISBN: 3662043580
Category : Business & Economics
Languages : en
Pages : 227
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Book Description
This book deals with the evolution of monetary systems. Firstly, it argues that money forms a constitutional element in any private-ownership economy, estab lishing a nominal-standard order for the market behaviour of individual agents. The market economy is basically a payment society where money structures and values economic activities, and performs itself as a market asset. The use of re sources and the production of commodities are governed by calculations in mone tary values which subordinate production and employment to the logic of asset markets. The "veil" of money cannot be withdrawn, as a matter of fact and in theoretical analysis, without changing the economic order of society. Money originates from a credit relation between market agents, thus spot payments re place intertemporal exchange. Problems of low trust and information in mutual economic relations are projected onto the money medium in a monetary economy, thereby enhancing its efficiency and dynamics. The rate of interest is not related to time; it is the price for maintaining the agents' solvency in the current period, and it determines a positive rate of return on capital and production. Secondly, the book shows that network externalities in the use of money led to monopoly solutions in the national and hegemonic leader-follower relations in the international economy.
Author: Arthur Cecil Pigou
Publisher:
ISBN:
Category : Income
Languages : en
Pages : 150
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Book Description
