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Money in Economic Theory
By:Hasse Ekstedt
Published on 2012 by Routledge

A question which surfaced in the aftermath of the global financial crash of 2008 was why economists were unable to predict this crash. This book argues that this failure can be attributed, at least in part, to the poor and inconsistent treatment of money and monetary matters in economic theory. The book takes this problem as its starting point and aims to develop a more consistent treatment of the topic. This book affirms that the treatment of money in economic theory has been inconsistent and that the topic of money can in fact be seen as anomalous. He argues that this anomaly depends on deficiencies in the economic theory, which through an equilibrium approach mainly perceives money as an index of measurement. This book puts forward the case for money as a non-equilibrium concept and that the stability of money and financial markets are to be sought in social and institutional structures. This book discusses the relationship between the market and public bodies and addressing economic and financial stability in relation to the globalized economy, particularly focussing on the problem of structural stability. In doing so, the book offers a new approach both to money and to its role in economic theory.

This Book was ranked at 16 by Google Books for keyword Monetary economics.

Book ID of Money in Economic Theory's Books is boz2b3VpeXEC, Book which was written byHasse Ekstedthave ETAG "VOka2jbxIXY"

Book which was published by Routledge since 2012 have ISBNs, ISBN 13 Code is 9780415697392 and ISBN 10 Code is 0415697395

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Book which have "289 Pages" is Printed at BOOK under CategoryBusiness and Economics

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