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video | http://file.papertrans.cn/221/220952/220952.mp4 |
图书封面 |  |
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 |
doi | https://doi.org/10.1057/9780230371217 |
isbn_ebook | 978-0-230-37121-7 |
copyright | Palgrave Macmillan, a division of Macmillan Publishers Limited 1990 |