Money, interest, and capital : a study in the foundations of monetary theory /
Colin Rogers.
- Cambridge : Cambridge University Press, 1989.
- xviii, 318 p. : ill. ; 23 cm.
- Modern Cambridge economics .
Includes index.
Bibliography: p. 293-308.
List of illustrations; List of tables; Series preface; Preface; 1. Real analysis and monetary analysis: an introduction; Part I. Real analysis: Critique: 2. Wicksellian monetary theory; 3. Neo-Walrasian monetary theory; 4. The neoclassical synthesis revisited; 5. Keynesian and monetarists; 6. Friedman's monetary framework: the quantity theory restated?; Part II. Monetary Analysis: Foundations: 7. Re-laying the foundations of monetary theory; 8. Some further questions of method and methodology; 9. Marshallian microfoundations of monetary equilibrium; 10. Macroeconomic analysis and monetary equilibrium; 11. Real analysis and monetary analysis: the central arguments; References; Index.
This book presents a study in the foundations of monetary theory with several unique features. The author also demonstrates the existence of a long-run unemployment equilibrium without the assumptions of rigid wages.