Книга KEYNES, COORDINATION AND BEYOND Harry Garretsen

KEYNES, COORDINATION AND BEYOND

The Development of Macroeconomic and Monetary Theory since 1945

Автор: Harry Garretsen
Език: Английски език
Корици: С твърди корици
Издател: Edward Elgar Publishing Ltd
Наличност: Външен склад
Изпращаме след 14-20 дни
169.56 331.63 лв
This book proposes that the coordination problems lies at the heart of Keynes' economics and argues...

Информация за книгата

Автор
Език
Английски език
Корици
Книга - С твърди корици
Издадена
1992
страници
240
EAN
9781852786205
Enbook ID
05110686
Теглоt
561
Размери
156 x 234 x 15

Пълно описание

This book proposes that the coordination problems lies at the heart of Keynes' economics and argues that Keynes' message got lost in the post-war period. The text develops an extension of Keynes' ideas within a general equilibrium framework and within alternative frameworks such as Austrian economics. It is demonstrated that in the absence of a co-ordinating device like the Walrasian auctioneer or in the presence of uncertainty, co-ordination can no longer be superimposed. This ultimately implies that apart from some notable exceptions, the Keynesian revolution was in fact stifled at birth because the validity of the central concepts of microeconomics have never been challenged.

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