03659nam 22009014a 450 991095990120332120200520144314.097811347420351134742037978113474204211347420459780429231155042923115697802034138210203413822978128005893612800589359780203413524020341352010.4324/9780203413524 (CKB)1000000000248577(EBL)179943(OCoLC)475885950(SSID)ssj0001143425(PQKBManifestationID)12482167(PQKBTitleCode)TC0001143425(PQKBWorkID)11107731(PQKB)10866323(SSID)ssj0000291732(PQKBManifestationID)11212685(PQKBTitleCode)TC0000291732(PQKBWorkID)10255619(PQKB)10974498(MiAaPQ)EBC179943(Au-PeEL)EBL179943(CaPaEBR)ebr10097405(CaONFJC)MIL5893(OCoLC)1000429958(FR-PaCSA)41000653(FRCYB41000653)41000653(EXLCZ)99100000000024857720021209d2003 uy 0engur|n|---|||||txtccrClassical macroeconomics some modern variations and distortions /James C.W. Ahiakpor1st ed.London ;New York Routledge20031 online resource (273 p.)Routledge studies in the history of economics ;61Description based upon print version of record.9780415771108 0415771102 9780415153324 0415153328 Includes bibliographical references (p. [234]-243) and index.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 macroeconomicsThe 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; IndexThe 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 continuing disputes.Routledge studies in the history of economics ;61.Classical school of economicsKeynesian economicsMacroeconomicsClassical school of economics.Keynesian economics.Macroeconomics.33983.12bclAhiakpor James C. W.1945-1796174MiAaPQMiAaPQMiAaPQBOOK9910959901203321Classical macroeconomics4337838UNINA