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Macroeconomics without the Errors of Keynes

James C. W. Ahiakpor
€192.20
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Central Bank Money
classical macroeconomic theory
classical quantity theory
economic growth
economic thought history
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Equilibrium Interest Rate
Excess Supply
Federal Reserve
Federal Reserve System
Free Banking
Free Banking System
free banking systems
free-banking advocacy
Gdp Deflator
Investment Demand Schedule
Keynes's Critique
Keynes's Liquidity Preference Theory
Keynes’s Critique
Keynes’s Liquidity Preference Theory
Lm Curve
loanable funds theory
Marshall's Statement
Marshall’s Statement
monetary economy
monetary policy analysis
Money Market Mutual Fund Shares
Money Stock
Nominal Wage Rates
post-Keynesian macroeconomic critique
price level stability
Quantity Theory
Reserve Deposit Ratios
Smith WN
Vice Versa

Product details

  • ISBN 9781138658561
  • Weight: 520g
  • Dimensions: 156 x 234mm
  • Publication Date: 19 Jun 2019
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Description

Modern macroeconomics is in a stalemate, with seven schools of thought attempting to explain the workings of a monetary economy and to derive policies that promote economic growth with price-level stability.

This book pinpoints as the source of this confusion errors made by Keynes in his reading of classical macroeconomics, in particular the classical Quantity Theory and the meaning of saving. It argues that if these misunderstandings are resolved, it will lead to economic policies consistent with promoting the employment and economic growth that Keynes was seeking.

The book will be crucial reading for all scholars with an interest in the foundations of Keynes’s theories, and anyone seeking to understand current debates regarding macroeconomic policy-making.
About James C. W. Ahiakpor

James C. W. Ahiakpor is Professor Emeritus, Department of Economics, California State University, East Bay, USA.

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