ENGLISH

Classical Theories of Money, Output and Inflation: A Study in Historical Economics

Book information

Publisher
Palgrave Macmillan UK
Year
1992
ISBN
978-1-349-22390-9, 978-1-349-22388-6
DOI
10.1007/978-1-349-22388-6
Language
english
Format
PDF
Filesize
26 MB (27198960 bytes)
Series
Studies in Political Economy
Edition
1
Pages
XII, 271\275
Time added
2017-06-25 01:07:36

Description

This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process. A corollary of the argument is that the monetarist approach is a logically necessary component of neoclassical analysis and that any attempt to criticise that approach in a fundamental way must involve an explicit rejection of the conceptual structure of neoclassical economics.

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