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Classical macroeconomics : some modern variations and distortions /
The Great Depression and Keynes's definition of economic concepts made it difficult for modern economists to appreciate the classical insights. This book clarifies the classical explanations to resolve the continuing disputes.
| Cote: | Libro Electrónico |
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| Auteur principal: | |
| Format: | Électronique eBook |
| Langue: | Inglés |
| Publié: |
London ; New York :
Routledge,
2003.
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| Collection: | Routledge studies in the history of economics ;
61. |
| Sujets: | |
| Accès en ligne: | Texto completo |
Table des matières:
- Book Cover; Title; Contents; List of figures; Preface; Acknowledgments; Introduction; The classical theory of value: a foundation of macroeconomic analysis; On the definition of money: classical vs modern; The classical theories of interest, the price level, and inflation; Keynes's misinterpretation of the classical theory of interest; The Austrians, "capital," and the classical theory of interest; Wicksell on the classical theories of money, credit, interest, and the price level; Fisher, the classics, and modern macroeconomics; The classical theory of growth and Keynes's paradox of thrift.