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- catalog abstract ""Microfoundations and Macroeconomics consists of three parts. Part I includes an explication of an Austrian view of the market process, with a strong emphasis on the role of capital, arguing that the 'macroeconomy' is operating correctly when it does not upset this microeconomic ordering process. Part II develops a market process macroeconomics, exploring monetary equilibrium as presented by Selgin, and comparing and contrasting three possible cases of monetary disequilibrium. Part III explores how this view of macroeconomics affects the way we understand fiscal policy, monetary regimes and banking reform, and labor market flexibility." "This original and highly accessible work provides the reader with an introduction to Austrian economics and a systematic understanding of macroeconomics. It will be of great value and interest to professional economists and students alike."--Jacket.".
- catalog contributor b12080508.
- catalog created "2000.".
- catalog date "2000".
- catalog date "2000.".
- catalog dateCopyrighted "2000.".
- catalog description ""Microfoundations and Macroeconomics consists of three parts. Part I includes an explication of an Austrian view of the market process, with a strong emphasis on the role of capital, arguing that the 'macroeconomy' is operating correctly when it does not upset this microeconomic ordering process. Part II develops a market process macroeconomics, exploring monetary equilibrium as presented by Selgin, and comparing and contrasting three possible cases of monetary disequilibrium. Part III explores how this view of macroeconomics affects the way we understand fiscal policy, monetary regimes and banking reform, and labor market flexibility."".
- catalog description ""This original and highly accessible work provides the reader with an introduction to Austrian economics and a systematic understanding of macroeconomics. It will be of great value and interest to professional economists and students alike."--Jacket.".
- catalog description "Includes bibliographical references (p. [257]-268) and index.".
- catalog description "Introduction: is there an Austrian macroeconomics? -- Market process microeconomics -- Prices, knowledge, and economic order -- The missing link: capital theory as microfoundations -- The macroeconomics of monetary disequilibrium -- Monetary equilibrium as an analytical framework -- Inflation, the market process, and social order -- Monetary equilibrium theory and deflation -- W.H. Hutt on price rigidities and macroeconomic disorder -- Policy implications and conclusions -- Monetary policy, monetary regimes, and monetary disequilibria -- Conclusion: microfoundations and macroeconomics.".
- catalog extent "xii, 276 p. :".
- catalog identifier "0415197627".
- catalog isPartOf "Foundations of the market economy series.".
- catalog isPartOf "Foundations of the market economy".
- catalog issued "2000".
- catalog issued "2000.".
- catalog language "eng".
- catalog publisher "London : New York : Routledge,".
- catalog subject "330.15/7 21".
- catalog subject "Austrian school of economics.".
- catalog subject "HB98 .H67 2000".
- catalog subject "Macroeconomics.".
- catalog subject "Microeconomics.".
- catalog tableOfContents "Introduction: is there an Austrian macroeconomics? -- Market process microeconomics -- Prices, knowledge, and economic order -- The missing link: capital theory as microfoundations -- The macroeconomics of monetary disequilibrium -- Monetary equilibrium as an analytical framework -- Inflation, the market process, and social order -- Monetary equilibrium theory and deflation -- W.H. Hutt on price rigidities and macroeconomic disorder -- Policy implications and conclusions -- Monetary policy, monetary regimes, and monetary disequilibria -- Conclusion: microfoundations and macroeconomics.".
- catalog title "Microfoundations and macroeconomics : an Austrian perspective / Steven Horwitz.".
- catalog type "text".