Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: Part I; 1: The Macroeconomics of Capital Structure 2: An Agenda for Macroeconomics Part II; 3: Capital-based Macroeconomics 4: Sustainable and Unsustainable Growth 5: Fiscal and Regulatory Issues 6: Risk, Debt and Bubbles: Variation on a Theme Part III; 7: Labour-based Macroeconomics 8: Cyclical Unemployment and Policy Prescription 9: Secular Unemployment and Social Reform Part IV; 10: Boom and Bust in the Monetarists' Vision 11: Monetary Disequilibrium Theory Part V; 12: Macroeconomics: Taxonomy and Perspective. Codice inventario libreria
Riassunto: Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.
From the Back Cover:
Can we accept or find practical use for a macroeconomics
-- in which consumption and investment always move together in the short run
-- in which these two magnitudes must move in opposition to change the economy's rate of growth, and
-- for which the long run emerges as a seamless sequence of short runs?
It is increasingly recognized that the weakness in modern macroeconomic theorizing is the lack of any real coupling of short- and long-run aspects of the market process. In the short run, the investment and consumption magnitudes move in the same direction, either both downward into recession or both upward toward full employment and even beyond in an inflationary spiral. But for a given period and with a given technology, any change in the economy's growth rate must entail consumption and investment magnitudes that move, initially, in opposition to one another.
Roger W. Garrison claims that modern Austrian macroeconomics, which builds on the early writings of F.A. Hayek, can be comprehended as an effort to reinstate the capital-theory core that allows for a real coupling of short- and long-run perspectives. Although the macroeconomic relationships identified are largely complementary to the relationships that have dominated the thinking of macroeconomists for the past half century, Time and Money presents a fundamental challenge to modern theorists and practitioners who overdraw the short-run/long-run distinction. The primary focus of this text is the intertemporal structure of capital and the associated set of issues that have long been neglected in the more conventional labor- and money-based macroeconomics. This volume puts forth a persuasive argument that the troublesthat characterize modern capital-intensive economies, particularly the episodes of boom and bust, may best be analyzed with the aid of a capital-based macroeconomics.
Condizione libro: New
Descrizione libro Routledge, 2000. Hardcover. Condizione libro: Used: Good. Codice libro della libreria SONG0415079829
Descrizione libro U.S.A.: Routledge, 2001, 2001. Hardcover. Condizione libro: Near Fine. Condizione sovraccoperta: Near Fine. 1st Edition. Near Fine in a Near Fine jacket. 1st Printing. 272pp 8vo. Codice libro della libreria 132500
Descrizione libro Routledge, 2000. Hardcover. Condizione libro: Acceptable. May contain light to heavy markings, water damage, binding damage, missing CDs/supplemental materials, and heavy wear and tear. Contains all pages. International Customers: Items over 3 lbs may incur additional shipping charges. Codice libro della libreria mon0000875356
Descrizione libro Routledge, c.2002, 2002. hardcover, Condizione libro: Very Good, Routledge, London, 2001, 4th.prtg. c.2002, 8vo. cloth, 272pp., NF/NF $. Codice libro della libreria 56414
Descrizione libro Routledge, Florence, Kentucky, U.S.A., 2000. Hardcover. Condizione libro: Good. No Jacket. Some Places Underlined. Codice libro della libreria 1000055071
Descrizione libro Routledge, London, England, 2001. Hard Cover. Condizione libro: Very Good. Condizione sovraccoperta: Very Good. N/A (illustratore). First Edition. Some yellow highlighting throughout. Size: 8vo - over 7¾" - 9¾" tall. Codice libro della libreria 33094
Descrizione libro Condizione libro: Good. Time and Money: The Macroeconomics of Capital Structure (Routledge Foundations of the Market Economy). Codice libro della libreria Grb1050586
Descrizione libro Condizione libro: Good. Book Condition: Good. Codice libro della libreria 97804150798224.0
Descrizione libro Routledge, 2000. Hardcover. Condizione libro: New. 1. Codice libro della libreria DADAX0415079829
Descrizione libro Routledge, 2000. Hardcover. Condizione libro: Very Good. Codice libro della libreria P020415079829