Time and money : the macroeconomics of capital structure /

"Roger W. Garrison claims that modern Austrian macroeconomics, which builds on the early writings of F.A. Hayek, can be comprehended as an effort to reinstate the capital-theory core that allows for a real coupling of short- and long-run perspectives. Although the macroeconomic relationships id...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Garrison, Roger W.
التنسيق: كتاب
اللغة:English
منشور في: London ; New York : Routledge , 2001.
سلاسل:Foundations of the market economy series
الموضوعات:
الوصول للمادة أونلاين:Publisher description
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100 1 |a Garrison, Roger W. 
245 1 0 |a Time and money :  |b the macroeconomics of capital structure /  |c Roger W. Garrison. 
246 3 |a Macroeconomics of capital structure 
260 |a London ;  |a New York :  |b Routledge ,  |c 2001. 
300 |a xvi, 272 p. :  |b ill. ;  |c 25 cm. 
490 1 |a Foundations of the market economy 
504 |a Includes bibliographical references (p. [256]264) and index. 
520 1 |a "Roger W. Garrison claims that modern Austrian macroeconomics, which builds on the early writings of F.A. Hayek, can be comprehended as an effort to reinstate the capital-theory core that allows for a real coupling of short- and long-run perspectives. Although the macroeconomic relationships identified are largely complementary to the relationships that have dominated the thinking of macroeconomists for the past half century, Time and Money presents a fundamental challenge to modern theorists and practitioners who overdraw the short-run/long-run distinction. The primary focus of this text is the intertemporal structure of capital and the associated set of issues that have long been neglected in the more conventional labor- and money-based macroeconomics. 
520 8 |a This volume puts forth a persuasive argument that the troubles that characterize modern capital-intensive economies, particularly the episodes of boom and bust, may best be analyzed with the aid of a capital-based macroeconomics."--BOOK JACKET. 
650 0 |a Money. 
650 0 |a Capital. 
650 0 |a Macroeconomics. 
830 0 |a Foundations of the market economy series 
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