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Record Nr. |
UNINA9910809809403321 |
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Autore |
Ekstedt Hasse |
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Titolo |
Money in economic theory / / Hasse Ekstedt |
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Pubbl/distr/stampa |
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Abingdon, Oxon : , : Routledge, , 2013 |
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ISBN |
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0-203-07651-6 |
1-283-89451-3 |
1-135-12604-6 |
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Descrizione fisica |
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1 online resource (313 p.) |
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Collana |
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Routledge international studies in money and banking ; ; 75 |
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Disciplina |
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Soggetti |
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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 and index. |
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Nota di contenuto |
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Introduction, scopes, and methods -- The understanding of money : a retrospective glance -- Money, value, and prices in neoclassical economic theory -- Money, value and prices in the Keynesian and monetarist theories -- Concluding comments on the nature of money in economic theory -- Uncertainty, money, and liquidity -- Inter-temporal valuation, expectations, and stability -- Money and stability. |
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Sommario/riassunto |
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The financial crash of 2008 showed the fragility of the financial system. A key question which surfaced in the aftermath of the global crisis was why economists were unable to predict this crash. This new volume argues that this failure can be attributed, at least in part, to the poor and inconsistent treatment of money and monetary matters in economic theory. The book takes this problem as its starting point, and from there aims to develop a more consistent treatment of the topic.Here, Hasse Ekstedt affirms that the treatment of money in economic theory has been inconsistent and tha |
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