Carte Keynes's Monetary Theory Allan H. Meltzer

Keynes's Monetary Theory

A Different Interpretation

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Legare: Copertă tare
Disponibilitate: În depozitul extern
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In this rigorous 1989 study of John Maynard Keynes's views on economic theory and policy from 1920–4...

Informații despre carte

Limbă
engleză
Legare
Carte - Copertă tare
Publicat
1989
Pagini
356
EAN
9780521306157
ISBN
0521306159
Enbook ID
02027255
Greutate
590
Dimensiuni
152 x 234 x 23

Descriere completă

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.

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