1300 36 33 32

In this rigorous 1989 study of John Maynard Keynes's views on economic theory and policy from 1920-46, Professor Meltzer argues that some of Keynes's main ideas have been ignored or misstated. While attention has focused on short-term countercyclical policies, the main policy implications have been neglected. Keynes placed great emphasis on rules, predictability, and reduction of uncertainty. In keeping with his theoretical work, he opposed discretionary fiscal changes and favored rules to reduce instability and increase the capital stock. These policies are consistent with, and provide evidence for, the interpretation of Keynes's theory developed here.

Buy Keynes's Monetary Theory book by Allan H. Meltzer from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780521306157
ISBN-10: 0521306159
Format: Hardback
(228mm x 152mm x 24mm)
Pages: 356
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 24-Feb-1989
Country of Publication: United Kingdom

Other Editions


» Have you read this book? We'd like to know what you think about it - write a review about Keynes's Monetary Theory book by Allan H. Meltzer and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write Review

Books By Author Allan H. Meltzer

History of the Federal Reserve by Allan H. Meltzer

A History of the Federal Reserve

Paperback, September 2014
Why Capitalism? by Allan H. Meltzer

Why Capitalism?

Hardback, April 2012
Keynes's Monetary Theory by Allan H. Meltzer

Keynes's Monetary Theory

Paperback, November 2005
Money and the Economy by Allan H. Meltzer

Money and the Economy

Paperback, July 1997