On Money, Method and Keynes: Selected EssaysIn these twelve essays, spanning fifteen years, Victoria Chick develops a distinctive view of macroeconomics (especially the economics of Keynes) and monetary theory. By careful and rigorous analysis in which nothing is taken for granted, she uncovers the implicit assumptions of economic theory and argues, in a variety of contexts, that differences of economic method and the influence of the stylised facts are decisive forces, both in the construction of theories and in appraising their contemporary relevance. |
Contents
Inflation from a LongerRun Perspective | 31 |
A Reassessment | 55 |
Financial Counterparts of Saving and Investment | 81 |
An Explanation | 95 |
The End of | 101 |
On the Structure of the Theory of Monetary Policy | 117 |
Money | 141 |
Streams | 167 |
Some Methodological Issues in the Theory of Speculation | 181 |
The Evolution of the Banking System and the Theory | 193 |
207 | |
219 | |
Other editions - View all
On Money, Method and Keynes: Selected Essays Philip Arestis,Sheila C. Dow,William A. Peniston No preview available - 2014 |
On Money, Method and Keynes: Selected Essays Philip Arestis,Sheila C. Dow,William A. Peniston No preview available - 1992 |
Common terms and phrases
accepted aggregate analysis argue assumed assumption backwater balances banking system behaviour bond borrowing capital gains chapter circulation Clower commodity commodity money constraint consumer consumption consumption function debt demand for money deposits determined disequilibrium dual decision hypothesis Economic effect equilibrium excess demand excess supply existence expansion expenditure finance financial assets firms flow Friedman full employment funds general-equilibrium growth hold money households income inflation inflationary interest rate investment IS-LM model issue Journal Keynes Keynes's Keynesian labour lending liquidity preference loanable-funds loans London macroeconomic monetarists monetary policy Monetary Theory money economy money supply output paper period plans price vector problem production profits purchases quantity theory question rate of interest rational expectations realised reserves rise role saving sector securities short-run speculative demand stable Stage stocks and flows Table tion Tobin trade credit transactions demand transmission mechanism Victoria Chick wage Walras