LEADER 03349oam 2200769I 450 001 9910783648603321 005 20230617005728.0 010 $a1-134-74203-7 010 $a1-134-74204-5 010 $a0-429-23115-6 010 $a0-203-41382-2 010 $a1-280-05893-5 010 $a0-203-41352-0 024 7 $a10.4324/9780203413524 035 $a(CKB)1000000000248577 035 $a(EBL)179943 035 $a(OCoLC)475885950 035 $a(SSID)ssj0001143425 035 $a(PQKBManifestationID)12482167 035 $a(PQKBTitleCode)TC0001143425 035 $a(PQKBWorkID)11107731 035 $a(PQKB)10866323 035 $a(SSID)ssj0000291732 035 $a(PQKBManifestationID)11212685 035 $a(PQKBTitleCode)TC0000291732 035 $a(PQKBWorkID)10255619 035 $a(PQKB)10974498 035 $a(MiAaPQ)EBC179943 035 $a(Au-PeEL)EBL179943 035 $a(CaPaEBR)ebr10097405 035 $a(CaONFJC)MIL5893 035 $a(OCoLC)1000429958 035 $a(EXLCZ)991000000000248577 100 $a20180331d2003 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aClassical macroeconomics $esome modern variations and distortions /$fJames C.W. Ahiakpor 210 1$aLondon ;$aNew York :$cRoutledge,$d2003. 215 $a1 online resource (273 p.) 225 1 $aRoutledge studies in the history of economics ;$v61 300 $aDescription based upon print version of record. 311 $a0-415-77110-2 311 $a0-415-15332-8 320 $aIncludes bibliographical references (p. [234]-243) and index. 327 $aBook 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 327 $aThe 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 330 $aThe Great Depression and Keynes's definition of economic concepts made it difficult for modern economists to appreciate the classical insights. This book clarifies the classical explanations to resolve the continuing disputes. 410 0$aRoutledge studies in the history of economics ;$v61. 606 $aClassical school of economics 606 $aKeynesian economics 606 $aMacroeconomics 615 0$aClassical school of economics. 615 0$aKeynesian economics. 615 0$aMacroeconomics. 676 $a339 686 $a83.12$2bcl 700 $aAhiakpor$b James C. W.$f1945,$01466004 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910783648603321 996 $aClassical macroeconomics$93676277 997 $aUNINA