Synopses & Reviews
Synopsis
1: Introduction.- Part I: Classical Monetary Theory.- 2: A Reinterpretation of Classical Monetary Theory.-3: On Some Classical Monetary Controversies.- 4: The Real Bills Doctrine in the Light of the Law of Reflux.- 5: Classical Monetary Theory and the Quantity Theory.- 6: Monetary Disequilibrium and the Demand for Money in Ricardo and Thornton.- 7: The Humean and Smithian Traditions in Monetary Theory.- 8: Rules versus Discretion in Monetary Theory Historically Contemplated.- 9: Say's Law and the Classical Theory of Depressions.- Part II: Hawtrey, Keynes, and Hayek.- 10: Good and Bad Trade: A Centenary Retrospective.-11: Hawtrey and Keynes.- 12: Where Keynes Went Wrong.- 13: Debt, Deflation, the Great Depression and the Gold Standard.- 14: Pre-Keynesian Theories of the Great Depression: Whatever Happened to Hawtrey and Cassel?.- 15: The Sraffa-Hayek Debate on the Natural Rate of Interest.-16: Hayek, Deflation, Gold and Nihilism.- 17: Hayek, Hicks, Radner and Four Equilibrium Concepts: Intertemporal, Sequential, Temporary and Rational Expectations.