This book argues that the shift in general equilibrium theory, from its early long-period to the modern very …. This shift has produced new difficulties, and has undermined central tenets of neoclassical macroeconomic theory (such as …, not only in many aspects of the history of economic theory, but also in fundamental issues in the theories of value …

game theory and applications. The editors focus on a select set of issues that stand high on the agenda of academic … understanding of the dilemmas posed for theory and policy. Readers are offered new empirical evidence on such thorny social problems …

debate. This book will be of interest and relevance to academics in the fields of environmental economics, labour theory and …

A statement of problem -- The theory of the demand for money -- A theory of the supply of money -- The quantity theory … of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social … function of real debt -- Monetary risk and the social function of money debt -- The quantity theory in a risky world …

operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …

Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together … his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …

perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation … (2004), 'Fairness and Inflation Persistence', Journal of the European Economic Association, 2 (2-3), April-May, 240 …-51 -- Rafael Di Tella, Robert J. MacCulloch and Andrew J. Oswald (2001), 'Preferences Over Inflation and Unemployment: Evidence …