Classical Theories of Money, Output and Inflation: A Study in Historical Economics
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.
1122998066
Classical Theories of Money, Output and Inflation: A Study in Historical Economics
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.
169.99 In Stock
Classical Theories of Money, Output and Inflation: A Study in Historical Economics

Classical Theories of Money, Output and Inflation: A Study in Historical Economics

by Roy Green
Classical Theories of Money, Output and Inflation: A Study in Historical Economics

Classical Theories of Money, Output and Inflation: A Study in Historical Economics

by Roy Green

Paperback(1st ed. 1992)

$169.99 
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Overview

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.

Product Details

ISBN-13: 9781349223909
Publisher: Palgrave Macmillan UK
Publication date: 01/01/1992
Series: Studies in Political Economy
Edition description: 1st ed. 1992
Pages: 271
Product dimensions: 5.51(w) x 8.50(h) x (d)

Table of Contents

Preface - PART 1: INTRODUCTION - Aim of the Inquiry - The Classical Framework - PART 2: METALLIC CURRENCY - Mercantilism and the Quantity Theory of Money - Classical Theory of the Metallic System - PART 3: CURRENCY AND CREDIT - Introduction of Paper Currency - Theory of the Fiduciary System - Theory of the Credit System - PART 4: CONCLUSION - Theory and Policy - Appendix: Price Trends in History - References - Bibliography - Index
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