Keynes's monetary theory: a different interpretation

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...

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Bibliographische Detailangaben
1. Verfasser: Meltzer, Allan H. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge Cambridge University Press 1988
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Zusammenfassung: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
Beschreibung:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Beschreibung:1 online resource (xv, 336 pages)
ISBN:9780511528415
DOI:10.1017/CBO9780511528415

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