Price Theory (häftad)
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Format
Häftad (Paperback / softback)
Språk
Engelska
Antal sidor
290
Utgivningsdatum
2010-12-03
Förlag
Martino Fine Books
Illustrationer
black & white illustrations
Dimensioner
280 x 210 x 15 mm
Antal komponenter
1
Komponenter
Paperback
ISBN
9781888262711

Price Theory

A Provisional Text

Häftad,  Engelska, 2010-12-03
304
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2010 Reprint of 1962 edition. Price Theory comprises the full text of Friedman's legendary course on price theory taught at the University of Chicago. Friedman was originally a Keynesian supporter of the New Deal and advocate of government intervention in the economy. However, his 1950s reinterpretation of the Keynesian consumption function challenged the basic Keynesian model. At the University of Chicago, Friedman became the main advocate for opposing Keynesianism. During the 1960s he promoted an alternative macroeconomic policy known as "monetarism." He theorized there existed a "natural rate of unemployment" and he argued the central government could not micromanage the economy because people would realize what the government was doing and change their behavior to neutralize such policies. Price Theory is the transcript of Friedman's legendary course on price theory taught at the University of Chicago.
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