Stephen Rousseas
Post Keynesian Monetary Economics
Paperback Engels 1998 3e druk 9780333721247Levertijd ongeveer 9 werkdagen
Gratis verzonden
Samenvatting
A Post Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the original ideas of John Maynard Keynes. Its primary emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. It calls for the addition of a selective control over the flow of credit in the economy as an addition to the conventional Keynesian contracyclical tools for keeping the economy at full employment, along with a recognition that inflation is a function of money wages and not the aggregate supply or money.
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Inhoudsopgave
Preface Introduction The Peculiarity of Money The Demand for Money and the Rate of Interest The Endogenous Money Supply The Weintraub-Kaldor Models of Endogeneity The Policy Implications of Post Keynesian Monetary Theory Bibliography Index
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