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Record Nr. |
UNINA9910783648603321 |
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Autore |
Ahiakpor James C. W. <1945, > |
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Titolo |
Classical macroeconomics : some modern variations and distortions / / James C.W. Ahiakpor |
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Pubbl/distr/stampa |
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London ; ; New York : , : Routledge, , 2003 |
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ISBN |
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1-134-74203-7 |
1-134-74204-5 |
0-429-23115-6 |
0-203-41382-2 |
1-280-05893-5 |
0-203-41352-0 |
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Descrizione fisica |
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1 online resource (273 p.) |
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Collana |
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Routledge studies in the history of economics ; ; 61 |
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Classificazione |
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Disciplina |
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Soggetti |
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Classical school of economics |
Keynesian economics |
Macroeconomics |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references (p. [234]-243) and index. |
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Nota di contenuto |
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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 thriftFull employment: Keynes's mistaken attribution to the classics; Hicks, the IS-LM model, and the success of Keynes's distortions of classical macroeconomics; The mythology of the Keynesian multiplier; Conclusion; Notes; Bibliography; Index |
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Sommario/riassunto |
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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 |
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