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Fortunato$9209360 997 $aUNISALENTO 998 $ale002$b01-01-96$cm$da$e-$fita$git$h0$i2 LEADER 04125nam 22006135 450 001 9910508481003321 005 20251113185023.0 010 $a9783030834265 010 $a3030834263 024 7 $a10.1007/978-3-030-83426-5 035 $a(CKB)5600000000080754 035 $a(OCoLC)on1285378700 035 $a(MiAaPQ)EBC6797294 035 $a(Au-PeEL)EBL6797294 035 $a(DE-He213)978-3-030-83426-5 035 $a(EXLCZ)995600000000080754 100 $a20211101d2021 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aStudies in the History of Monetary Theory $eControversies and Clarifications /$fby David Glasner 205 $a1st ed. 2021. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2021. 215 $a1 online resource (521 pages) 225 1 $aPalgrave Studies in the History of Economic Thought,$x2662-6586 311 08$a9783030834258 311 08$a3030834255 327 $a1: Introduction -- Part I: Classical Monetary Theory -- 2: A Reinterpretation of Classical Monetary Theory.-3: On Some Classical Monetary Controversies -- 4: The Real Bills Doctrine in the Light of the Law of Reflux -- 5: Classical Monetary Theory and the Quantity Theory -- 6: Monetary Disequilibrium and the Demand for Money in Ricardo and Thornton -- 7: The Humean and Smithian Traditions in Monetary Theory -- 8: Rules versus Discretion in Monetary Theory Historically Contemplated -- 9: Say?s Law and the Classical Theory of Depressions -- Part II: Hawtrey, Keynes, and Hayek -- 10: Good and Bad Trade: A Centenary Retrospective.-11: Hawtrey and Keynes -- 12: Where Keynes Went Wrong -- 13: Debt, Deflation, the Great Depression and the Gold Standard -- 14: Pre-Keynesian Theories of the Great Depression: Whatever Happened to Hawtrey and Cassel? -- 15: The Sraffa-Hayek Debate on the Natural Rate of Interest.-16: Hayek, Deflation, Gold and Nihilism -- 17: Hayek, Hicks, Radner and Four Equilibrium Concepts: Intertemporal, Sequential, Temporary and Rational Expectations. 330 $aThis book presents an alternative approach to monetary theory that differs from the General Theory of Keynes, the Monetarism of Friedman, and the New Classicism of Lucas. Particular attention is given to the work of Hawtrey and his analysis of financial crises and his explanation of the Great Depression. The unduly neglected monetary theory of Hawtrey is examined in the context of his contemporaries Keynes and Hayek and the subsequent contributions of Friedman and of the Monetary Approach to the Balance of Payments. Studies in the History of Monetary Theory aims to highlight the misunderstandings of the quantity theory and the price-specie-flow mechanism and to explain their unfortunate consequences for the subsequent development of monetary theory. The book is relevant to researchers, students, and policymakers interested in the history of economic thought, monetary theory, and monetary policy. David Glasner received his PhD in economics fromUCLA. He is the author of Free Banking and Monetary Reform and editor of Business Cycles and Depressions: An Encyclopedia. 410 0$aPalgrave Studies in the History of Economic Thought,$x2662-6586 606 $aEconomics$xHistory 606 $aMacroeconomics 606 $aEconomics 606 $aHistory of Economic Thought and Methodology 606 $aMacroeconomics and Monetary Economics 606 $aPolitical Economy and Economic Systems 615 0$aEconomics$xHistory. 615 0$aMacroeconomics. 615 0$aEconomics. 615 14$aHistory of Economic Thought and Methodology. 615 24$aMacroeconomics and Monetary Economics. 615 24$aPolitical Economy and Economic Systems. 676 $a332.4 676 $a332.49 700 $aGlasner$b David$089392 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910508481003321 996 $aStudies in the history of monetary theory$92809989 997 $aUNINA