Liquidity Preference Theory and the Global Financial Crisis
by
Jorg Bibow
Language: English
Release Date: March 1, 2013
This book provides a reassessment of Keynes’ theory of liquidity preference. It argues that the failure of the Keynesian revolution to be made in either theory or practice owes importantly to the fact that the role of liquidity preference theory as a pivotal element in Keynes’ General Theory has...