Legacy of Keynes and Friedman

Economic Analysis, Money, and Ideology

Inbunden, Engelska, 1994

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This work deals with the economic systems of the two monetary revolutionaries of this century. They reacted against orthodoxy in different ways, with Friedman redirecting and reinforcing Keynes' major contributions. Friedman used the system of testing one hypothesis against another rather than using a naive model. He provided analytical, political, and ideological positions that yield an all-encompassing analytical system.

Produktinformation

Utgivningsdatum1994-07-21
Mått156 x 235 x 21 mm
Vikt680 g
FormatInbunden
SpråkEngelska
Antal sidor304
FörlagBloomsbury Publishing Plc
ISBN9780275947316

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WILLIAM FRAZER is a Professor in the Department of Economics, College of Business Administration, University of Florida. His publications include Power and Ideas: Milton Friedman and the Big U-Turn (two volumes), Expectations, Forecasting and Control: A Provisional Textbook of Macroeconomics (two volumes), Crisis in Economic Theory, and The Demand for Money. He was co-author with William P. Yohe of The Analytics and Institutions of Money and Banking.

IllustrationsPrefaceAcknowledgmentsIntroductionKeynes, Friedman, and the Open EconomyNeoclassical Economics and the Monetary RevolutionMicroeconomics, the Revolution, and IdeologySome Monetary History, the State, and the International DimensionKeynesian Mechanics, Money, and TimeKeynesian Mechanics: Autonomous Spending, Deficits, and TimeKeynesian Variables, Permanent Income, and the Real Rate of InterestProduction, Wages, and PricesEpilogue; An Open Ended Analytical SystemFrom Long Swings to Current AnticipationsExplaining and Eliminating Turning Points in Business ConditionsReferencesIndex