{"product_id":"classical-macroeconomics-some-modern-variations-and-distortions-paperback","title":"Classical Macroeconomics: Some Modern Variations and Distortions - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eJames C. W. Ahiakpor\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eJohn Maynard Keynes failed to correctly interpret classic economic concepts, and dismissed the classical explanations and conclusions as being irrelevant to the world in which we live. The trauma of the Great Depression and Keynes's changed definition of economic concepts, aided by Eugen Böhm-Bawerk, have made it difficult for modern economists to fully appreciate the classical insights. \u003c\/p\u003e\u003cp\u003eThis outstanding book clarifies the classical explanations to resolve the continuing theoretical and policy disputes. Key chapters include: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eOn the Definition of Money\u003c\/li\u003e \u003cli\u003eKeynes's Misinterpretation of the Classical Theory of Interest\u003c\/li\u003e \u003cli\u003eThe Classical Theory of Growth and Keynes's Paradox of Thrift\u003c\/li\u003e \u003cli\u003eThe Mythology of the Keynesian Multiplier \u003c\/li\u003e \u003c\/ul\u003e\u003cp\u003eThis unique book demonstrates that it is Keynes's understanding of some fundamental classical economic concepts which is at fault, and extends its analysis to other modern contributions in macroeconomics.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eProfessor James Ahiakpor\u003c\/strong\u003e teaches economics at the California State University, Hayward, and was Department chair, 1994-2000. His restatements of classical macroeconomics have appeared in the \u003cem\u003eHistory of Political Economy, Southern Economic Journal, Journal of the History of Economic Thought, American Journal of Economics and Sociology\u003c\/em\u003e and \u003cem\u003eIndepedent Review\u003c\/em\u003e. He contributed to and edited \u003cem\u003eKeynes and the Classics Reconsidered\u003c\/em\u003e (1998)\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 258\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.58 x 9.21 x 6.14 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e August 01, 2006\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":45341071638630,"sku":"9780415771108","price":118.18,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0599\/7255\/0758\/files\/Z3BpK0UzdllOblorQ0gyMW1xTkYvdz09.webp?v=1774820997","url":"https:\/\/infinitylightwa.com\/products\/classical-macroeconomics-some-modern-variations-and-distortions-paperback","provider":"Infinity Light","version":"1.0","type":"link"}