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008 250312042019GB 10 eng
020 _a9781317217831
037 _bTaylor & Francis
_cGBP 43.99
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100 1 _aJames C. W. Ahiakpor
245 1 0 _aMacroeconomics without the Errors of Keynes
_bThe Quantity Theory of Money, Saving, and Policy
250 _a1
260 _aOxford
_bRoutledge
_c20190604
300 _a244 p
520 _bModern macroeconomics is in a stalemate, with seven schools of thought attempting to explain the workings of a monetary economy and to derive policies that promote economic growth with price-level stability. This book pinpoints as the source of this confusion errors made by Keynes in his reading of classical macroeconomics, in particular the classical Quantity Theory and the meaning of saving. It argues that if these misunderstandings are resolved, it will lead to economic policies consistent with promoting the employment and economic growth that Keynes was seeking. The book will be crucial reading for all scholars with an interest in the foundations of Keynes’s theories, and anyone seeking to understand current debates regarding macroeconomic policy-making.
999 _c5739
_d5739