Finance, Investment and Macroeconomics: The Neoclassical and a Post Keynesian Solution

by Myron J. Gordon

Book Overview

In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes established that both the short-run and long-run performance of a capitalist system depend upon investment, but he failed to arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates...

• Format: Paperback
• Language: English
• ISBN: 1852789107
• ISBN13: 9781852789107
• Release Date: March 1996
• Publisher: Edward Elgar Publishing
• Length: 232 Pages