This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process. A corollary of the argument is that the monetarist approach is a logically necessary component of neoclassical analysis and that any attempt to criticise that approach in a fundamental way must involve an explicit rejection of the conceptual structure of neoclassical economics.
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This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process.
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Preface - PART 1: INTRODUCTION - Aim of the Inquiry - The Classical Framework - PART 2: METALLIC CURRENCY - Mercantilism and the Quantity Theory of Money - Classical Theory of the Metallic System - PART 3: CURRENCY AND CREDIT - Introduction of Paper Currency - Theory of the Fiduciary System - Theory of the Credit System - PART 4: CONCLUSION - Theory and Policy - Appendix: Price Trends in History - References - Bibliography - Index
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GPSR Compliance The European Union's (EU) General Product Safety Regulation (GPSR) is a set of rules that requires consumer products to be safe and our obligations to ensure this. If you have any concerns about our products you can contact us on ProductSafety@springernature.com. In case Publisher is established outside the EU, the EU authorized representative is: Springer Nature Customer Service Center GmbH Europaplatz 3 69115 Heidelberg, Germany ProductSafety@springernature.com
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Produktdetaljer

ISBN
9781349223909
Publisert
1992-01-01
Utgiver
Vendor
Palgrave Macmillan
Høyde
216 mm
Bredde
140 mm
Aldersnivå
Research, P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet

Forfatter