1st Edition

Money, Valuation and Growth Conceptualizations and contradictions of the money economy

By Hasse Ekstedt Copyright 2016
312 Pages 36 B/W Illustrations
by Routledge

312 Pages 36 B/W Illustrations
by Routledge

312 Pages 36 B/W Illustrations
by Routledge

We have experienced an era of extreme anti-inflationary policy combined with debts and deficits, the result of which has been a decrease in social stability. This book examines how using mainstream theory as the basis for economic decisions leads to misunderstandings of central concepts of our economic reality. It aims to establish a better understanding of the discrepancies between the current... Read more

1. Neoclassical Theory and Rational Expectations: Theoretical Deficiencies   2. Aggregation, Money and Keynes Epistemology   3. Basics on Money   4. Money, Finance and Growth   5. Structural Stability in Models and Reality   6. Inflation and Unemployment   7. Epilogue: Picture and Axiomatic Structures

Biography

Hasse Ekstedt is a Senior Researcher in the School of Public Administration at the University of Gothenburg, Sweden.