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.