Keynes' General Theory of Interest: A Reconsideration (Routledge Foundations of the Market Economy)
| Author | : | |
| Rating | : | 4.35 (943 Votes) |
| Asin | : | 0415079349 |
| Format Type | : | paperback |
| Number of Pages | : | 196 Pages |
| Publish Date | : | 2016-02-19 |
| Language | : | English |
DESCRIPTION:
. Maclachlan teaches at Manhattan College. Fiona C
In Keynes' General Theory of Interest Fiona Maclachlan rehabilitates the largely discredited liquidity preference theory of interest, providing an original and rigorously reasoned restatement of the theory. Her provocative book draws on the methodological tenets of the Austrian school and is grounded firmly both in the history of economic thought and in real world economic institutions.
Michael Emmett Brady said An excellent reconsideration of liquidity preference. Fiona MacLachlan(FM)has written an excellent summary and defense of Keynes's theory of liquidity preference contained in the General Theory(19An excellent reconsideration of liquidity preference Fiona MacLachlan(FM)has written an excellent summary and defense of Keynes's theory of liquidity preference contained in the General Theory(1936;GT).She clearly understands that it is the uncertainty(ambiguity) of the future course of events facing an individual investor that results in his decision to hold more(or less)liquid reserves in his . 6;GT).She clearly understands that it is the uncertainty(ambiguity) of the future course of events facing an individual investor that results in his decision to hold more(or less)liquid reserves in his . A Customer said Fascinating study of the interest rate. Author's presentation is lucid and scholarly. Looks at both Austrian, Keynes, and post-Keynesian literature including Davidson. Much discussion of interest rate as inter-temporal allocator of savings. An outstanding work.
Maclachlan teaches at Manhattan College. . About the AuthorFiona C