312 Pages
by
Routledge
312 Pages
by
Routledge
312 Pages
by
Routledge
Also available as eBook on:
The financial crash of 2008 showed the fragility of the financial system. A key question which surfaced in the aftermath of the global crisis was why economists were unable to predict this crash. This new volume argues that this failure can be attributed, at least in part, to the poor and inconsistent treatment of money and monetary matters in economic theory. The book takes this problem as its... Read more
1. Introduction, Scopes and Methods 2. The Understanding of Money – A Retrospective Glance 3. Money, Value and Prices in Neoclassical Economic Theory 4. Money, Value and Prices in the Keynesian and Monetarist Theories 5. Concluding Comments on the Nature of Money in Economic Theory 6. Uncertainty, Money and Liquidity 7. Inter-Temporal Valuation, Expectations and Stability 8. Money and Stability
Biography
Hasse Ekstedt is a Senior Researcher in the School of Public Administration at the University of Gothenburg, Sweden.
