Money and Value: A Reconsideration of Classical and Neoclassical Monetary Theories

by Jean-Michel Grandmont

Book Overview

This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system. Jean-Michel Grandmont sheds light on this complex subject by using the analytical techniques of general...

• Format: Paperback
• Language: English
• ISBN: 0521313643
• ISBN13: 9780521313643
• Release Date: September 1985
• Publisher: Cambridge University Press
• Length: 212 Pages
• Weight: 0.70 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"