Keynes's Monetary Theory: A Different Interpretation - Image 1

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Cambridge University Press Keynes's Monetary Theory: A Different Interpretation

Name: Keynes's Monetary Theory: A Different Interpretation
Brand: Cambridge University Press
Price: 97.0 GBP
Availability: InStock

Macroeconomics

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Description

In this rigorous 1989 study of John Maynard Keynes's views on economic theory and policy from 1920–46, Professor Meltzer argues that some of Keynes's main ideas have been ignored or misstated. While attention has focused on short-term countercyclical policies, the main policy implications have been neglected. Keynes placed great emphasis on rules, predictability, and reduction of uncertainty. In keeping with his theoretical work, he opposed discretionary fiscal changes and favored rules to reduce instability and increase the capital stock. These policies are consistent with, and provide evidence for, the interpretation of Keynes's theory developed here.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521306159
Category: Books > Subjects > Business, Finance & Law > Economics > Macroeconomics
Domain: Amazon UK
Release Date: 24 February 1989
Listed Since: 04 January 2007

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Cambridge University Press Keynes's Monetary Theory: A Different Interpretation

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