Keynes's Monetary Theory: A Different Interpretation
Keynes's Monetary Theory: A Different Interpretation
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Keynes's Monetary Theory: A Different Interpretation

9780521306157
Description
In this rigorous study of John Maynard Keynes's views on economic theory and policy from 1920-1946, 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.

Productinformatie

AuteurMeltzer, Allan H.
UitgeverCambridge University Press
Publicatiedatum24-02-1989
Aantal pagina's356
TaalEnglish
Bindwijzehardcover
Afmetingen2.5 x 16.5 x 24.1 centimeters
Gewicht590 grams
ISBN9780521306157
ConditieAls nieuw
Features
Author
Meltzer, Allan H.
Binding
hardcover
Language
English
Pages
356
Publication date
24-02-1989
Publisher
Cambridge University Press
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