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Item Details
Title: CLASSICAL THEORIES OF MONEY, OUTPUT AND INFLATION
A STUDY IN HISTORICAL ECONOMICS
By: Roy Green
Format: Hardback

List price: £126.00


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ISBN 10: 0333565622
ISBN 13: 9780333565629
Publisher: PALGRAVE MACMILLAN
Pub. date: 3 November, 1992
Series: Studies in Political Economy
Pages: 271
Description: Challenges the conventional view that monetarism, or the quantity theory of money, is a necessary part of classical economics and aims to show that the framework upon which classical analysis is based suggests an alternative account of the inflationary process.
Synopsis: This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical 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.
Illustrations: XII, 271 p.
Publication: UK
Imprint: Palgrave Macmillan
Returns: Non-returnable
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