Complexity, endogenous money and macroeconomic theory; essays in honour of Basil J. Moore.1843769875 Complexity, endogenous money and macroeconomic mac·ro·ec·o·nom·ics n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. theory; essays in honour of Basil J. Moore. Ed. by Mark Setterfield. Edward Elgar Sir Edward William Elgar, 1st Baronet, OM, GCVO (2 June 1857 – 23 February 1934) was an English Romantic composer. Several of his first major orchestral works, including the Enigma Variations and the Pomp and Circumstance Marches, were greeted with acclaim. Publishing 2006 424 pages $160.00 Hardcover HB172 Moore, who has capped his distinguished career (economics, Wesleyan U.) as Professor Extraordinary at the U. of Stellenbosch in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , is best known for his pioneering work on endogenous money in the functioning of modern advanced capitalist economies. Drawn from those presented in his honor in January 2004, this collection of 21 papers covers a range of related work, including economic concepts and methods, complexity and uncertainty, path dependence, the macroeconomics macroeconomics Study of the entire economy in terms of the total amount of goods and services produced, total income earned, level of employment of productive resources, and general behaviour of prices. of endogenous money and interest rates, unemployment, inflation and the determination of aggregate income. Topics include accounting identities, post-Keynsian economic modeling, modeling income complexity, complex dynamics, complexity analysis for enterprise and investment, the Moore credit supply curve, endogenous money in the Eurosystem, the supply of credit, the demand for endogenous money, monetary policy, gradualism grad·u·al·ism n. 1. The belief in or the policy of advancing toward a goal by gradual, often slow stages. 2. Biology in the adjustment of official interest rates, limitations to Keynsian demand management and the future of Keynsian economics. ([c]20072005 Book News, Inc., Portland, OR) |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion