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Routledge Macroeconomics without Keynes Errors - Quantity Theory

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Description

Modern macroeconomics faces a fundamental stalemate with seven competing schools of thought struggling to explain monetary economies and derive effective growth policies. This Routledge analysis identifies critical errors in Keynes's interpretation of classical macroeconomics, particularly regarding the Quantity Theory of Money and the concept of saving, as the root cause of contemporary economic confusion. By resolving these historical misunderstandings, the book demonstrates how classical economic principles can be rehabilitated to support the employment and economic growth objectives Keynes himself pursued. A rigorous examination of macroeconomic theory that challenges prevailing orthodoxy and offers an alternative framework grounded in classical monetary economics for policymakers and economists seeking coherent solutions to persistent economic problems.

Key Features

Identifies foundational errors in Keynes's reading of classical macroeconomics as the source of modern economic confusion.

Examines the Quantity Theory of Money and saving doctrine to clarify misinterpretations affecting contemporary policy.

Proposes that resolving these theoretical disputes enables policies supporting employment and economic growth.

Part of Routledge Studies in the History of Economics series, offering scholarly analysis of macroeconomic thought.

Addresses the stalemate between seven schools of economic thought through historical and theoretical critique.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
19 June 2019
Listed Since
20 December 2018

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