Money, Investment and Consumption High quality books
Money, Investment and Consumption
By:O. F. Hamouda
Published on 2011-01-01 by Edward Elgar Publishing
Professor Hamouda s book is very timely and thought provoking and should be an eye opener for students of economics who were brought up in the anti-Keynesian last decades of the twentieth century, or were taught the garbled rather than updated revived Keynesianism which has recently become popular. Y.S. Brenner, Retired Professor of Economics, Utrecht University, The Netherlands Contrary to the commonly perpetuated belief that Keynes s theory is appropriate only to economic depressions, the author of this provocative book maintains that Keynes provided a complete set of macroeconomic relations and the ingredients of a new theoretical model, much more reflective of and analytically appropriate to the 21st century than those on which current macroeconomics is based. With the perspective of Keynes as the backdrop, the author begins with a discussion of the characteristics of the financial crises of 2008 and the 1930s. He then goes on to show that Keynes provided a novel, general theory, constructed as the EC-SP model (different from that of the Classicals Labour Theory of Value model and the neoClassicals antithetical IS-LM model), a theory yet unrecognized as being behind both A Treatise on Money and The General Theory. He presents here the premises of Keynes s contributions which still await use by a generation of economists to reassess macroeconomics and orient it in a new direction. This unique and authoritative look at Keynes s body of work will be an essential read for scholars and students of economics. Anyone trying to understand the state of the entrepreneurial economy , of which the 2008 financial crisis is but one manifestation prone to recurrence, will find the work an important resource.
This Book was ranked at 24 by Google Books for keyword money.
Book ID of Money, Investment and Consumption's Books is nya9y0U2DNoC, Book which was written byO. F. Hamoudahave ETAG "oXLBXlojszE"
Book which was published by Edward Elgar Publishing since 2011-01-01 have ISBNs, ISBN 13 Code is 9781849803335 and ISBN 10 Code is 1849803331
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