Capital and Credit: A New Formulation of General Equilibrium Theory Book + PRICE WATCH * Amazon pricing is not included in price watch

Capital and Credit: A New Formulation of General Equilibrium Theory Book

Drawing on the work of Schumpeter, Keynes and the prewar neoclassical economists, Morishima provides a much-needed synthesis of growth and monetary theory to formulate a capital-theoretic general equilibrium theory.Read More

from£24.48 | RRP: £16.99
* Excludes Voucher Code Discount Also available Used from £26.65
  • Product Description

    Contemporary general equilibrium theory is characteristically short-run, separated from monetary aspects of the economy, and as such does not deal with long-run problems such as capital accumulation, innovation, and the historical movement of the economy. These phenomena are discussed by growth theory, which being short term, cannot deal with the fundamental problem of how the production function is derived. This book provides a much-needed synthesis of growth and monetary theory, drawing on the work of Schumpeter, Keynes and the prewar neoclassical economists to formulate a capital-theoretic general equilibrium theory.

  • 0521466385
  • 9780521466387
  • Michio Morishima
  • 25 March 1994
  • Cambridge University Press
  • Paperback (Book)
  • 224
  • New Ed
As an Amazon Associate we earn from qualifying purchases. If you click through any of the links below and make a purchase we may earn a small commission (at no extra cost to you). Click here to learn more.

Would you like your name to appear with the review?

We will post your book review within a day or so as long as it meets our guidelines and terms and conditions. All reviews submitted become the licensed property of www.find-book.co.uk as written in our terms and conditions. None of your personal details will be passed on to any other third party.

All form fields are required.