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Money and Value
A Reconsideration Of Classical And Neoclassical Monetary Economics
- Editore:
Cambridge University Press
- Collana:
- Econometric Society Monographs
- EAN:
9780521313643
- ISBN:
0521313643
- Pagine:
- 212
- Formato:
- Paperback
- Lingua:
- Inglese
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Descrizione Money and Value
This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system.
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