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A Market Theory of Money

Gebonden Engels 1989 9780198287247
€ 238,50
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Samenvatting

In this, his last work, distinguished economist John Hicks reviews his own writings over the last half century. He explains the way in which economic theory has been adjusted to reflect developments in the real economy. Drawing together the treads of his writings, Hicks goes on the outline a theory which links competitive markets with the monetary sector. This is the first book to make this connection, and as such it makes an important contribution to the popular debate on market theory.

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Inhoudsopgave

Introduction; Part I: The working of markets: Supply and demand; The function of speculation; The pricing of manufactures; The labour market; Part II: Money and Finance: The nature of money; The market makes its money; Banks and bank money; Choice among assets; Theories of interest - Keynes versus Marshall; Markets in shares - ownership and control; Part III: Problems and Policies: The old trade cycle; The credit economy; Interest and investment; An international economy; Appendix: Risk and uncertainty; Index

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€ 238,50
Levertijd ongeveer 11 werkdagen
Gratis verzonden

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          A Market Theory of Money