Classical Versus Neoclassical Monetary Theories, completed just before Professor Will E. Mason's untimely death, places recent and mid-20th century monetary theory in a larger historical context, while examining the relevance of contemporary questions in monetary policy. The first half of the v...

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Bibliographische Detailangaben

Hauptverfasser:	Mason, Will E. (VerfasserIn), Butos, William N. (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	New York, NY Springer US 1996
Ausgabe:	1st ed. 1996
Schlagworte:	Macroeconomics/Monetary Economics//Financial Economics History of Economic Thought/Methodology Economic Theory/Quantitative Economics/Mathematical Methods Macroeconomics Economic history Economic theory Monetarismus Geldtheorie Keynessche Theorie
Online-Zugang:	BTU01 Volltext
Zusammenfassung:	Classical Versus Neoclassical Monetary Theories, completed just before Professor Will E. Mason's untimely death, places recent and mid-20th century monetary theory in a larger historical context, while examining the relevance of contemporary questions in monetary policy. The first half of the volume analyzes the development of the methodological and conceptual foundations of monetary theory, up to and including contemporary mainstream views; the second half addresses more policy-oriented monetary questions. Emphasis is placed on the dichotomy of monetary and value theory, the Walrasian general equilibrium paradigm, the resolution of the 'Patinkin controversy', the Federal Reserve System's failed experiment with 'pure monetarism', and the misplacement of the free market in the 'Chicago paradox'. Classical Versus Neoclassical Monetary Theories will be of interest both to historians of economic thought and monetary and macro economists, as well as to many well-informed followers and fashioners of monetary policy
Beschreibung:	1 Online-Ressource (XX, 216 p)
ISBN:	9781461562610
DOI:	10.1007/978-1-4615-6261-0