The structure of production

Description

CONTENTS Introduction to the Paperback Edition xi Preface xxxix 1. Introduction: The Case for a New Macroeconomics 1 PART I THE STRUCTURE OF PRODUCTION: A HISTORICAL SURVEY 2. The Theory of Production in Classical Economics 13 3. Hayek and the 1930s: A New Vision of Macroeconomics 43 4. Time and Production in the Post-Keynesian Era 84 PART 2 THE THEORETICAL FRAMEWORK 5. The Structure of Production: The Building Blocks 133 6. Time and the Aggregate Production Structure 184 7. Savings, Technology, and Economic Growth 215 8. The Theory of Commodity Money: Economics of a Pure Gold Standard 265 9. Economics of a Fiat Money Standard: A Theory of the Business Cycle 282 ix PART 3 APPLICATIONS 10. Implications for Government Economic Policy 335 11. Conclusions: The Future of Economic Theory and Research 363 References 3 79 Index 401 About the Author 417