Equilibrium, Expectations and Information. A Study of the General Theory and Modern Classical Economics.

TORR, Christopher:

ISBN 10: 0745602347 / ISBN 13: 9780745602349

Editore: Cambridge (UK): Polity Press, 1988., 1988

Riguardo questo articolo

x, 150 pp. Original cloth. Near Fine, in near fine dust jacket.

Codice articolo 17568

Dati bibliografici

• Titolo: Equilibrium, Expectations and Information. A Study of the General Theory and Modern Classical Economics.
• Editore: Cambridge (UK): Polity Press, 1988.
• Data di pubblicazione: 1988
• Lingua: Inglese
• ISBN 10: 0745602347
• ISBN 13: 9780745602349
• Rilegatura: Hardcover
• Edizione: 1st Edition
• Condizione: Fine
• Condizione della sovraccoperta: Fine

Descrizione articolo

Riassunto

This wide-ranging survey covers Keynes' analysis, the neoclassical synthesis interpretation and modern general equilibrium theory, the "fixed price" model literature, the rational expectations school and the Neo-Ricardians. Connections are made with Keynesian concerns throughout, but the author also attempts to characterize the approaches of the last two groups in general terms. In particular, the author focuses on the distinction between convergent and divergent expectations, and between what Keynes called a co-operative economy and an entrepreneur economy. This work should interest second and third-year undergraduates, graduate students and professional economists.