Money in Economic Theory (Routledge International Studies in Money and Banking)

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9780415697392: Money in Economic Theory (Routledge International Studies in Money and Banking)

The financial crash of 2008 showed the fragility of the financial system. A key question which surfaced in the aftermath of the global crisis was why economists were unable to predict this crash. This new volume 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 from there aims to develop a more consistent treatment of the topic.

Here, Hasse Ekstedt 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.

In contrast, this volume 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. In particular, the volume discusses the relationship between the market and public bodies, as well as addressing economic and financial stability in general and 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.

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About the Author:

Hasse Ekstedt is a Senior Researcher in the School of Public Administration at the University of Gothenburg, Sweden.

"Sobre este título" puede pertenecer a otra edición de este libro.

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Ekstedt, Hasse
ISBN 10: 0415697395 ISBN 13: 9780415697392
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Ekstedt, Hasse
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Descripción Taylor Francis Ltd, United Kingdom, 2012. Hardback. Estado de conservación: New. New.. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. The financial crash of 2008 showed the fragility of the financial system. A key question which surfaced in the aftermath of the global crisis was why economists were unable to predict this crash. This new volume 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 from there aims to develop a more consistent treatment of the topic. Here, Hasse Ekstedt 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. In contrast, this volume 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. In particular, the volume discusses the relationship between the market and public bodies, as well as addressing economic and financial stability in general and 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. Nº de ref. de la librería BTE9780415697392

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EKSTEDT, HASSE.
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Descripción Routledge, 2017. Hardback. Estado de conservación: NEW. 9780415697392 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. Print on Demand title, produced to the highest standard, and there would be a delay in dispatch of around 10 working days. Nº de ref. de la librería HTANDREE0242078

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Descripción Routledge, 2013. Hardcover. Estado de conservación: Brand New. 1st edition. 240 pages. 9.45x6.22x0.94 inches. In Stock. Nº de ref. de la librería __0415697395

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Descripción 2012. Hardcover. Estado de conservación: New. Hardcover. The financial crash of 2008 showed the fragility of the financial system. A key question which surfaced in the aftermath of the global crisis was why economists were unable to.Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. 289 pages. 0.567. Nº de ref. de la librería 9780415697392

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Descripción Routledge, 2012. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería 0415697395

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