Keynes on Monetary Policy, Finance and Uncertainty PDF
By:Jorg Bibow
Published on 2013-03-01 by Routledge
This book provides a reassessment of Keynes’ theory of liquidity preference. It argues that the failure of the Keynesian revolution to be made in either theory or practice owes importantly to the fact that the role of liquidity preference theory as a pivotal element in Keynes’ General Theory has remained underexplored and indeed widely misunderstood even among Keynes’ followers and until today. The book elaborates on and extends Keynes’ conceptual framework, moving it from the closed economy to the global economy context, and applies liquidity preference theory to current events and prominent hypotheses in global finance. Jörg Bibow presents Keynes’ liquidity preference theory as a distinctive and highly relevant approach to monetary theory offering a conceptual framework of general applicability for explaining the role and functioning of the financial system. He argues that, in a dynamic context, liquidity preference theory may best be understood as a theory of financial intermediation. Through applications to current events and prominent hypotheses in global finance, this book underlines the richness, continued relevance, and superiority of Keynes’ theory of liquidity preference; with Hyman Minsky standing out for developing Keynes’ vision of financial capitalism.
This Book was ranked at 17 by Google Books for keyword Business Money Finance novel.
Book ID of Keynes on Monetary Policy, Finance and Uncertainty's Books is 1QVVIqRC8zAC, Book which was written byJorg Bibowhave ETAG "knCsQENtT1E"
Book which was published by Routledge since 2013-03-01 have ISBNs, ISBN 13 Code is 9781134262052 and ISBN 10 Code is 1134262051
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Book which have "260 Pages" is Printed at BOOK under CategoryBusiness and Economics
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