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Cambridge Monetary Thought : The Development of Saving-Investment Analysis from Marshall to Keynes - Pascal Bridel

Cambridge Monetary Thought

The Development of Saving-Investment Analysis from Marshall to Keynes

Hardcover Published: 18th May 1987
ISBN: 9780333432501
Number Of Pages: 227

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The primary aim of the book is to provide a critical evaluation of the origin and development of the Cambridge saving-investment analysis. This work disentangles painstakingly from a maze of sometimes contradictory, obscure and often neglected contributions, the line which leads from Marshall's interest theory to Keynes's income adjustment process. In particular, it charts, for the first time, the various steps taken by this line of inquiry in the writings of Pigou, Hawtrey, Robertson, Lavington and Keynes.

Preface - Introduction - Supply and Demand for 'Free' Capital and the Rate of Interest: Marshall's 'Real' Analysis - Marshall's Monetary Theory - Early Contributions 1: Hawtrey and Robertson (1911-1924) - Early Contributions 2: Keynes, Lavington and Pigou (1913-1924) - 'Banking Policy and the Price Level' and the 'Kinds of Savings' - Saving, Investment and the Theoretical Framework of the 'Treatise' (1930) - Further Reflections on the Rate of Interest (1930-1935) - The 'General Theory' and the Principle of Effective Demand - Conclusion - Footnotes - Bibliography - Index

ISBN: 9780333432501
ISBN-10: 0333432509
Series: Studies in Political Economy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 227
Published: 18th May 1987
Publisher: Palgrave Macmillan
Country of Publication: GB
Dimensions (cm): 21.59 x 13.79  x 2.0
Weight (kg): 0.46
Edition Number: 2