Monetarist Economics
Author: Milton Friedman
Publisher: Wiley-Blackwell
Published: 1991-01
Total Pages: 188
ISBN-13: 9780631171119
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Keynes, the Keynesians and Monetarism
Author: Tim Congdon
Publisher: Edward Elgar Pub
Published: 2008
Total Pages: 339
ISBN-13: 9781848442399
DOWNLOAD EBOOK'In the context of the current economic climate, this volume provides an excellent opportunity for reappraising the arguments on both sides of the debate. . . the importance of this volume is that it provides the interested reader with an excellent summary of the monetarist position prior to the current crisis.' - Economic Outlook and Business Review
Keynesianism Vs. Monetarism, and Other Essays in Financial History
Author: Charles P. Kindleberger
Publisher: Taylor & Francis
Published: 2006
Total Pages: 348
ISBN-13: 9780415382120
DOWNLOAD EBOOKFirst Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.
Keynesianism, Monetarism, and the Crisis of the State
Author: Simon Clarke
Publisher: Edward Elgar Publishing
Published: 1988
Total Pages: 394
ISBN-13:
DOWNLOAD EBOOK'. . . makes a significant contribution.' - Tom Bottomore, University of Sussex, UK
Karl Brunner and Monetarism
Author: Thomas Moser
Publisher: MIT Press
Published: 2022-03-15
Total Pages: 505
ISBN-13: 0262369680
DOWNLOAD EBOOKEconomists consider the legacy of Karl Brunner’s monetarism and its influence on current debates over monetary policy. Monetarism emerged in the 1950s and 1960s as a school of economic thought that questioned certain tenets of Keynesianism. Emphasizing the monetary nature of inflation and the responsibility of central banks for price stability, monetarism held sway in the inflation-plagued 1970s, but saw its influence begin to decline in the 1980s. Although Milton Friedman is the economist most closely associated with the development of monetarism, it was Karl Brunner (1916–1989) who introduced the term into the current vocabulary of economics and shaped its meaning. In this volume, leading economists—many of them Brunner’s friends and former colleagues—consider the influence of Brunner’s monetarism on current debates over monetary policy. Some contributors were participants in debates between Keynesians and monetarists; others analyze specific aspects of monetarism as theorized by Brunner and his close collaborator Allan Meltzer, or address its influence on US and European monetary policy. Others take the opportunity to examine Brunner-Meltzer monetarism through the lens of contemporary macroeconomics and monetary models. The book grows out of a symposium that marked the 100th anniversary of Brunner’s birth. Contributors Ernst Baltensperger, Michael D. Bordo, Pierrick Clerc, Alex Cukierman, Michel De Vroey, James Forder, Benjamin M. Friedman, Kevin D. Hoover, Thomas J. Jordan, David Laidler, Allan H. Meltzer, Thomas Moser, Edward Nelson, Juan Pablo Nicolini, Charles I. Plosser, Kenneth Rogoff, Marcel Savioz, Jürgen von Hagen, Stephen Williamson
Post Keynesian Monetary Economics
Author: Rousseas
Publisher: Routledge
Published: 2016-06-16
Total Pages: 144
ISBN-13: 1315486164
DOWNLOAD EBOOKDuring the past five years, crises in the US savings and loan industry, commercial banks, and other financial institutions have borne out the ideas that Rousseas expressed in the first edition. His main theme stresses the role of innovation in the financial sector of the economy and its implications for control of the money supply and credit, as well as the larger issue of macroeconomic policy. He holds a Post-Keynesian view of an elastic and endogenous money supply that is largely founded on the "general liquidity thesis" of the Radcliffe Committee. Indeed, the elasticity of the credit structure is even greater than the Radcliffe Committee originally claimed. Tables and charts are revised through 1990, and the text has been revised accordingly. An expanded preface to the revised edition makes this book very relevant to contemporary problems and policy.
Finance & Development, September 2014
Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
Published: 2014-08-25
Total Pages: 60
ISBN-13: 1475566980
DOWNLOAD EBOOKThis chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.
General Theory Of Employment , Interest And Money
Author: John Maynard Keynes
Publisher: Atlantic Publishers & Dist
Published: 2016-04
Total Pages: 410
ISBN-13: 9788126905911
DOWNLOAD EBOOKJohn Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
The Money Illusion
Author: Scott Sumner
Publisher: University of Chicago Press
Published: 2023-05-06
Total Pages: 415
ISBN-13: 0226826562
DOWNLOAD EBOOKThe first book-length work on market monetarism, written by its leading scholar. Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It’s happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century. Foregoing the usual relitigating of problems such as housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. The Money Illusion is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays the groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.
A Tract on Monetary Reform
Author: John Maynard Keynes
Publisher: Cosimo Classics
Published: 1923
Total Pages: 240
ISBN-13:
DOWNLOAD EBOOK"The long run is a misleading guide to current affairs. In the long run we are all dead." -John Maynard Keynes, A Tract on Monetary Reform (1923) A Tract on Monetary Reform (1923), by British economist John Maynard Keynes, is a masterly analysis of the world monetary situation at the beginning of the twentieth century. Keynes stated the importance of stable domestic prices and a stable currency for a strong economy, while arguing against the gold standard, which at that time was used for the US dollar and many other currencies. Britain abandoned the gold standard in 1931-after it had re-established it in 1925-and the United States abandoned the gold standard in 1933. A Tract on Monetary Reform is essential reading for anyone interested in Keynes' theories and for students of economics or economic history.
