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Free delivery for orders over 69.99 euro.

Macroeconomics

Name: Macroeconomics
Brand: Taylor & Francis Inc
SKU: 03021678
Price: 67.31 EUR
Availability: InStock
Author: Amit Bhaduri
ISBN: 9780873323604

Amit Bhaduri

Language

English

Book Paperback

Libristo code: 03021678

Publishers Taylor & Francis Inc, February 1986

The climate of opinion among economists recently seems to have shifted in favour of the view that th... Full description

Libristo code: 03021678

163 b

67.31 €

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The climate of opinion among economists recently seems to have shifted in favour of the view that the Keynesian style of economic management does not work in industrial capitalism. This has provided an opportunity for various related doctrines like ''monetarism'' and ''supply-side economies'' to surface as contending views. They argue that the Keynesian view of economic management is theoretically defective and a better alternative is to rely less on economic intervention by the State and more on the market mechanism. This textbook brings into focus the radical content of Keynesianism by concentrating on the common macroeconomic tradition of Marx, Kalecki and Keynes. It shows how Marx''s method of analysis in terms of ''historical categories'' naturally leads to an analysis of capitalist commodity production under the principle of effective demand.