Post Keynesian Monetary Economics
Stephen Rousseas
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Description for Post Keynesian Monetary Economics
Paperback. A post-Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the ideas of John Maynard Keynes. The book's emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. Num Pages: 168 pages, biography. BIC Classification: 1KBB; KCA; KCBM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 140 x 11. Weight in Grams: 262.
A Post Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the original ideas of John Maynard Keynes. Its primary emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. It calls for the addition of a selective control over the flow of credit in the economy as an addition to the conventional Keynesian contracyclical tools for keeping the economy at full employment, along with a recognition that inflation is a function of money wages and not the aggregate supply or ... Read more
A Post Keynesian critique of monetarism and of contemporary Keynesian theory, calling for a return to the original ideas of John Maynard Keynes. Its primary emphasis is on the endogeneity of the money supply and on the financial innovations that have served to limit the effectiveness of monetary policy. It calls for the addition of a selective control over the flow of credit in the economy as an addition to the conventional Keynesian contracyclical tools for keeping the economy at full employment, along with a recognition that inflation is a function of money wages and not the aggregate supply or ... Read more
Product Details
Format
Paperback
Publication date
1998
Publisher
Palgrave Macmillan United Kingdom
Number of pages
184
Condition
New
Number of Pages
168
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333721247
SKU
V9780333721247
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Stephen Rousseas
STEPHEN ROUSSEAS is the Dexter M. Ferry Jr Emeritus Professor of Economics at Vassar College. He has taught at Columbia University, the University of Michigan, Yale University, Cornell University, and New York University. Professor Rousseas is the author of The Death of Democracy: Greece and the American Conscience, Monetary Theory, Capitalism and Catastrophe: A Critical Appraisal of the Limits of ... Read more
Reviews for Post Keynesian Monetary Economics
'An excellent and beautifully written book. It is only now that I see the full architecture and signficance of Post Keynesian theory, which this book makes beautifully clear.' - Robert Heilbroner 'An original and provocative book which could be profitably read by the generalist as well as by economists especially interested in monetary economics. Social economists should ... Read more