Money Investment and Consumption is popular PDF and ePub book, written by O. F. Hamouda in 2011-01-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Money Investment and Consumption can be Read Online from any device for your convenience.
Money Investment and Consumption Book PDF Summary
Professor Hamouda s book is very timely and thought provoking and should be an eye opener for students of economics who were brought up in the anti-Keynesian last decades of the twentieth century, or were taught the garbled rather than updated revived Keynesianism which has recently become popular. Y.S. Brenner, Retired Professor of Economics, Utrecht University, The Netherlands Contrary to the commonly perpetuated belief that Keynes s theory is appropriate only to economic depressions, the author of this provocative book maintains that Keynes provided a complete set of macroeconomic relations and the ingredients of a new theoretical model, much more reflective of and analytically appropriate to the 21st century than those on which current macroeconomics is based. With the perspective of Keynes as the backdrop, the author begins with a discussion of the characteristics of the financial crises of 2008 and the 1930s. He then goes on to show that Keynes provided a novel, general theory, constructed as the EC-SP model (different from that of the Classicals Labour Theory of Value model and the neoClassicals antithetical IS-LM model), a theory yet unrecognized as being behind both A Treatise on Money and The General Theory. He presents here the premises of Keynes s contributions which still await use by a generation of economists to reassess macroeconomics and orient it in a new direction. This unique and authoritative look at Keynes s body of work will be an essential read for scholars and students of economics. Anyone trying to understand the state of the entrepreneurial economy , of which the 2008 financial crisis is but one manifestation prone to recurrence, will find the work an important resource.
Detail Book of Money Investment and Consumption PDF
- Author : O. F. Hamouda
- Release : 01 January 2011
- Publisher : Edward Elgar Publishing
- ISBN : 9781849803335
- Genre : Business & Economics
- Total Page : 261 pages
- Language : English
- PDF File Size : 10,8 Mb
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