Classical Theories of Money, Output and Inflation
Roy Green
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Description for Classical Theories of Money, Output and Inflation
Hardback. Challenges the conventional view that monetarism, or the quantity theory of money, is a necessary part of classical economics and aims to show that the framework upon which classical analysis is based suggests an alternative account of the inflationary process. Series: Studies in Political Economy. Num Pages: 283 pages, biography. BIC Classification: KCA; KCBM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 140 x 22. Weight in Grams: 510.
This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process. A corollary of the argument is that the monetarist approach is a logically necessary component of neoclassical analysis and that any attempt to criticise that approach in a fundamental way must involve an explicit rejection of the conceptual structure of neoclassical economics.
This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process. A corollary of the argument is that the monetarist approach is a logically necessary component of neoclassical analysis and that any attempt to criticise that approach in a fundamental way must involve an explicit rejection of the conceptual structure of neoclassical economics.
Product Details
Format
Hardback
Publication date
1992
Publisher
Palgrave Macmillan United Kingdom
Number of pages
283
Condition
New
Series
Studies in Political Economy
Number of Pages
271
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333565629
SKU
V9780333565629
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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