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Palgrave Macmillan

Classical Theories of Money, Output and Inflation

A Study in Historical Economics

  • Book
  • © 1992

Overview

Part of the book series: Studies in Political Economy (STPE)

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Table of contents (8 chapters)

  1. Introduction

  2. Metallic Currency

  3. Currency and Credit

  4. Conclusion

Keywords

About this book

This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process. A corollary of the argument is that the monetarist approach is a logically necessary component of neoclassical analysis and that any attempt to criticise that approach in a fundamental way must involve an explicit rejection of the conceptual structure of neoclassical economics.

Authors and Affiliations

  • University of Newcastle, Australia

    Roy Green

Bibliographic Information

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