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Classical Macroeconomics: Some Modern Variations and Distortions by James C.W. Ahiakpor (Paperback, 2006)

About this product

About this product

Product Information

John Maynard Keynes failed to correctly interpret classic economic concepts, and dismissed the classical explanations and conclusions as being irrelevant to the world in which we live. The trauma of the Great Depression and Keynes's changed definition of economic concepts, aided by Eugen Boehm-Bawerk, have made it difficult for modern economists to fully appreciate the classical insights. This outstanding book clarifies the classical explanations to resolve the continuing theoretical and policy disputes. Key chapters include: On the Definition of Money Keynes's Misinterpretation of the Classical Theory of Interest The Classical Theory of Growth and Keynes's Paradox of Thrift The Mythology of the Keynesian Multiplier This unique book demonstrates that it is Keynes's understanding of some fundamental classical economic concepts which is at fault, and extends its analysis to other modern contributions in macroeconomics.

Product Identifiers

Publisher
Taylor & Francis Ltd
ISBN-13
9780415771108
eBay Product ID (ePID)
95200564

Product Key Features

Author
James C.w. Ahiakpor
Publication Name
Classical Macroeconomics: Some Modern Variations and Distortions
Format
Paperback
Language
English
Subject
Economics
Publication Year
2006
Type
Textbook
Number of Pages
258 Pages

Dimensions

Item Height
234mm
Item Width
156mm
Item Weight
386g

Additional Product Features

Title_Author
James C.w. Ahiakpor
Country/Region of Manufacture
United Kingdom

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