Don Patinkin's pioneering work, integrating monetary and value theory in a Walrasian general equilibrium context anticipated by almost two decades the line of research which attempts to recast macroeconomics by reference to its microeconomic foundations.

Frontispiece - Preface - Notes on the Contributors - Don Patinkin's Contribution to Economics in Israel; H.Barkai - Money, Interest, and Prices; S.Fischer - What is Macroeconomics?; L.R.Klein - Price Flexibility and the Stability of Full-employment Equilibrium; J.Tobin - Discussion; N.Liviatan - Money, Interest and Consumption in the General Theory; J.S.Flemming - Keynes on Malthus on 'Say's Law'; W.J.Baumol - Discussion; E.Kleiman - From Theory to Policy: The 'Keynesian Revolution' in Britain; D.E.Moggridge - Discussion; M.Beenstock - Was Wicksell a Quantity Theorist?; D.E.Laidler - Discussion; A.Arnon - When is Free Banking more stable than regulated Banking?; C.F.Christ - Macroeconomic Perspectives; J-P.Fitoussi & K.Velupillai - Discussion; J.Aizenman - On missing Markets; F.H.Hahn - Discussion; J.Mayshar - Money and Growth revisited; P.Howitt - Are the Decisions of Firms autonomous? A problematic Note; E.Malinvaud - High Inflation and the Nominal Anchors of an Open Economy; M.Bruno - Discussion; R.Dornbusch - Round-Table Discussion - Index