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Titlebook: Cambridge and the Monetary Theory of Production; The Collapse of Mars Robert J. Bigg Book 1990 Palgrave Macmillan, a division of Macmillan

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书目名称Cambridge and the Monetary Theory of Production
副标题The Collapse of Mars
编辑Robert J. Bigg
视频videohttp://file.papertrans.cn/221/220952/220952.mp4
图书封面Titlebook: Cambridge and the Monetary Theory of Production; The Collapse of Mars Robert J. Bigg Book 1990 Palgrave Macmillan, a division of Macmillan
描述Less than fifty years after the publication of Marshall‘s Principles Cambridge once again set economics on a new path with the publication of Keynes‘s General Theory. This book examines the developments in Cambridge monetary and trade cycle theory that were moving it forwards but were also sowing the seeds for the collapse of the Marshallian neoclassical framework. The analysis shows how Cambridge economists such as Keynes, Robertson, Lavington and Hawtrey had built on the foundations of Marshall and Pigou to produce theories of adaptive behaviour which acknowledged that the invisible hand could fail in the short run. This established a conflict with the long run theory of market clearing equilibrium which, though it could be ignored at first, had finally to be resolved.
出版日期Book 1990
关键词Keynes; macroeconomics; money; production
版次1
doihttps://doi.org/10.1057/9780230371217
isbn_ebook978-0-230-37121-7
copyrightPalgrave Macmillan, a division of Macmillan Publishers Limited 1990
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Risk and Uncertainty, 1900-26,elements of the analysis. This development leads to a more adaptive view of economic behaviour and the possibility that the invisible hand may at times lose its grip. These developments can be seen alongside the increasing tide of criticism of Marshallian microeconomic analysis roughly starting with
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Decision-Making Under Uncertaintyelements of the analysis. This development leads to a more adaptive view of economic behaviour and the possibility that the invisible hand may at times lose its grip. These developments can be seen alongside the increasing tide of criticism of Marshallian microeconomic analysis roughly starting with
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Embryonic Motility in Vertebrates. took explicitly Marshallian macroeconomic analysis about as far as it could go. If the theory was to make further substantial steps forward, some elements of the Marshallian system had to be abandoned. Of course the Cambridge Tradition did not suddenly end with a blinding flash in the Keynesian re
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https://doi.org/10.1057/9780230371217Keynes; macroeconomics; money; production
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Palgrave Macmillan, a division of Macmillan Publishers Limited 1990
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