000			01465nam a2200205Ia 4500
999			_c4723 _d4723
005			20220509175448.0
008			200202s9999 xx 000 0 und d
020			_a333235193
082			_a332.401 Dav 2nd ed.
100			_a"Davidson, Paul"
245		0	_aMoney and the real world
250			_a2nd ed.
260			_aLondon
260			_bMacmillan Press
260			_c1978
300			_a428: ill.
520			_aMoney ana the Real World thoroughly integrates developments in income and employment analysis with monetary theory, income distribution theory, and economic growth theory. The ideas advanced are based on the fundamental monetary analysis laid down by John Maynard Keynes in his Treatise on Money and the aggregate supply-and-demand approach of his General Theory. Starting from Keynes's fundamental axioms that in the real world (1) the future is uncertain (in the sense that Knight and Keynes used the term); (2) production takes time and hence if production is to occur in a market economy, someone must undertake contractual commitments involving performance and money payments in the future; and (3) economic decisions are made in the light of an unalterable past while moving towards a perfidious future, Kevnes's theoretical model is brought up to date in order to provide a rich harvest of insights on such current economic problems as inflation, finance, accumulation, and the role of money.
650			_aMoney
942			_cB _2ddc