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

Classical Theories of Money, Output and Inflation

A Study in Historical Economics

By: Roy Green

Hardcover Published: 3rd November 1992
ISBN: 9780333565629
Number Of Pages: 271

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  • Paperback View Product Published: 1st January 1992

Challenges the conventional view that monetarism, or the theory of money, is a necessary part of classical economics and shows, in a historical account of monetary controversy, that the framework upon which classical (and Marxian) 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.

Preface - PART 1: INTRODUCTION - Aim of the Inquiry - The Classical Framework - PART 2: METALLIC CURRENCY - Mercantilism and the Quantity Theory of Money - Classical Theory of the Metallic System - PART 3: CURRENCY AND CREDIT - Introduction of Paper Currency - Theory of the Fiduciary System - Theory of the Credit System - PART 4: CONCLUSION - Theory and Policy - Appendix: Price Trends in History - References - Bibliography - Index

ISBN: 9780333565629
ISBN-10: 0333565622
Series: Studies in Political Economy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 271
Published: 3rd November 1992
Publisher: Palgrave Macmillan
Country of Publication: GB
Dimensions (cm): 22.3 x 14.5  x 2.2
Weight (kg): 0.51
Edition Number: 3