Money and value: a reconsideration of classical and neoclassical monetary economics

Auteur : Grandmont, Jean-Michel
Éditeur : Cambridge University Press
ISBN : 9780521313643
Date de publication : 13 sept. 1985
Dimensions : 22,9 x 15,2 x 1,2 cm
Poids : 320 g
Format : Trade paperback (US)
Langue : Anglais
Pays d'origine : Grande Bretagne

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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