On Money, Method and Keynes: Selected Essays [Paperback]

In these twelve essays, spanning fifteen years, Victoria Chick develops a distinctive view of macroeconomics (especially the economics of Keynes) and monetary theory. By careful and rigorous analysis in which nothing is taken for granted, she uncovers the implicit assumptions of economic theory and argues, in a variety of contexts, that differences of economic method and the influence of the stylised facts are decisive forces, both in the construction of theories and in appraising their contemporary relevance.Acknowledgements - Introduction; Philip Arestis & Sheila Dow - A Question of Relevance: The General Theory in Keynes's Time and Ours - Inflation from a Longer-run Perspective - The Nature of the Keynesian Revolution: A Reassessment - Financial Counterparts of Saving and Investment and Inconsistency in a Simple Macro Model - A Comment on 'ISLM: An Explanation' (by Sir John Hicks) - Keynesians, Monetarists, and Keynes: The End of the Debate, or the Beginning? - On the Structure of the Theory of Monetary Policy: Part 1 Money Circulating v. Money Held - Money - Unresolved Questions in Monetary Theory: A Critical Review - Monetary Increases and their Consequences: Streams, Backwaters and Floods - Some Methodological Issues in the Theory of Speculation - The Evolution of the Banking System and the Theory of Saving, Investment and Interest - Bibliography - Index