Markets, Money and Capital: Hicksian Economics for the Twenty First Century - Hardcover

Hardcover

ISBN 10: 0521873215 ISBN 13: 9780521873215

Publisher: Cambridge University Press, 2009

Synopsis

Sir John Hicks (1904-89) was a leading economic theorist of the twentieth century, and along with Kenneth Arrow was awarded the Nobel Prize in 1972. His work addressed central topics in economic theory, such as value, money, capital and growth. An important unifying theme was the attention for economic rationality 'in time' and his acknowledgement that apparent rigidities and frictions might exert a positive role as a buffer against excessive fluctuations in output, prices and employment. This emphasis on the virtue of imperfection significantly distances Hicksian economics from both the Keynesian and Monetarist approaches. Containing contributions from distinguished theorists in their own right (including three Nobel Prize winners), this volume examines Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making. It will be of great interest to scholars and students of economic theory and the history of economic thought.

About this title

Book Description:

Sir John Hicks was one of the leading economic theorists of the twentieth century, jointly winning the Nobel Prize for his work in 1972. This volume addresses Hicks's intellectual heritage and discusses how his ideas suggest a distinct approach to economic theory and policy making.

About the Author:

Stefano Zamagni is Professor of Economics at the University of Bologna, and Adjunct Professor of International Economics at Johns Hopkins University.

About this edition

• Publisher: Cambridge University Press
• Publication date: 2009
• ISBN 10: 0521873215
• ISBN 13: 9780521873215
• Binding: Hardcover
• Edition number: 1
• Number of pages: 466
• Editor: Scazzieri Roberto, Sen Amartya, Zamagni Stefano