Monetarism and the demise of Keynesian economics

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Bibliographic Information

Monetarism and the demise of Keynesian economics

G.R. Steele

Macmillan, 1989

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Note

Bibliography: p. 144-148

Includes index

Description and Table of Contents

Description

An examination of the role of money in a dynamic economy within the context of theoretical developments both within and in opposition to, the Quantity Theory tradition. Emphasis is on the dangers of basing economic policy on macroeconomic analysis.

Table of Contents

Preface - Introduction - Money - The Quantity Theory of Money - Money, Relative Prices and the Rate of Interest - Keynes's General Theory - Forced Saving Versus the Multiplier - Monetarism - Control of the Money Supply - International Trade and Exchange Rate Policy - Macroeconomic Demand Management - Inflation - Free Markets, Monetarism and the Austrian School - Postscript: When Keynes was a Monetarist - Appendix - Endnotes - Bibliography - Index

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