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Time and Money: The Macroeconomics of Capital Structure (Routledge Foundations of the Market Economy) by ROGER W.GARRISON, Garrison, Roger W, Roger W. Garrison is a nonfiction available to read on EtoBox.

What is Time and Money: The Macroeconomics of Capital Structure (Routledge Foundations of the Market Economy) about?

\"Roger W. Garrison claims that modern Austrian macroeconomics, which builds on the early writings of F.A. Hayek, can be comprehended as an effort to reinstate the capital-theory core that allows for a real coupling of short- and long-run perspectives. Although the macroeconomic relationships identified are largely complementary to the relationships that have dominated the thinking of macroeconomists for the past half century, Time and Money presents a fundamental challenge to modern theorists and practitioners who overdraw the short-run/long-run distinction. The primary focus of this text is the intertemporal structure of capital and the associated set of issues that have long been neglected in the more conventional labor- and money-based macroeconomics In early 1997 a small group of world-class economists, serving as panelists in a session of the American Economics Association meetings, addressed themselves to the question \"Is there a core of practical macroeconomics that we should all believe?\" This volume puts forth a persuasive argument that the troubles that characterize modern capital-intensive economies, particularly the episodes of boom and bust, may best be analyzed wit

Who reads Time and Money: The Macroeconomics of Capital Structure (Routledge Foundations of the Market Economy)?

Author

ROGER W.GARRISON, Garrison, Roger W, Roger W. Garrison

Publisher

London ; Routledge, C2001.

Published

2001

Language

EN

ISBN

9781134895854

Category

nonfiction

Subjects

Business, Finance, Economics