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Time and Money: The Macroeconomics of Capital Structure (Routledge Foundations of the Market Economy)

Roger W Garrison




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 | #1339763 in eBooks |  2002-01-22 |  2002-01-22 | File type: PDF

||3 of 3 people found the following review helpful.| An Austrian Macro Approach|By Mart Grams|Roger Garrison, a brilliant and entertaining lecturer in Austrian Economics, presents his approach to an issue that has been at the forefront of economics since Keynes' General Theory was published in the 1930s. Austrian economics, a theory of individual choices which drives the economies of the world, has in essence seemed to ignore the|From the Inside Flap|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

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.



You can specify the type of files you want, for your gadget.Time and Money: The Macroeconomics of Capital Structure (Routledge Foundations of the Market Economy)   |  Roger W Garrison. Which are the reasons I like to read books. Great story by a great author.

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