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Cambridge University Press Markets, Money and Capital: Hicksian Economics - 21st Century

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Description

Explore the enduring legacy of Sir John Hicks, the Nobel Prize-winning economist whose theories on value, money, capital and growth remain essential to understanding modern economics. This comprehensive study examines Hicks' groundbreaking work on economic rationality in time and his recognition that market frictions and rigidities serve as stabilising forces against excessive fluctuations in output, prices and employment. Published by Cambridge University Press, this book bridges twentieth-century economic thought with twenty-first-century applications, offering scholars, students and economists a thorough analysis of how Hicksian principles challenge conventional approaches to economic theory. Discover how his emphasis on the virtue of imperfection provides an alternative perspective to mainstream economic models and continues to influence contemporary financial and economic policy discussions.

Key Features

Covers Sir John Hicks' foundational contributions to economic theory including value, money, capital and growth dynamics.

Examines Hicks' innovative approach to economic rationality in time and his analysis of market frictions as stabilising mechanisms.

Published by Cambridge University Press with scholarly rigour appropriate for advanced economics students and professional economists.

Explores how Hicksian economics diverges from traditional Keynesian models and offers alternative frameworks for understanding modern markets.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
08 January 2009
Listed Since
19 October 2006

Barcode

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