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Shaking the Invisible Hand

Complexity, Endogenous Money and Exogenous Interest Rates

  • Authors
  • Basil John Moore
Book

Table of contents

  1. Front Matter
    Pages i-xxvi
  2. Complexity and Economics

    1. Front Matter
      Pages 1-1
    2. Basil John Moore
      Pages 3-12
    3. Basil John Moore
      Pages 13-42
    4. Basil John Moore
      Pages 43-74
  3. Some Thoughts on Economic Data and National Income Accounting

    1. Front Matter
      Pages 128-128
    2. Basil John Moore
      Pages 156-173
  4. The Endogeneity of Money and Exogeneity of Interest Rates

    1. Front Matter
      Pages 195-195
    2. Basil John Moore
      Pages 197-214
    3. Basil John Moore
      Pages 215-237
    4. Basil John Moore
      Pages 238-258
  5. The Determination of Prices, Output, and Growth Rates

    1. Front Matter
      Pages 259-259
    2. Basil John Moore
      Pages 303-330
    3. Basil John Moore
      Pages 359-382
  6. Open Economy Considerations

  7. Back Matter
    Pages 474-556

About this book

Introduction

This book makes the case that economies are complex systems and in response to this, develops a unique dynamic nonequilibrium process analysis of macroeconomics. It provides a brief introduction to complex systems, chaos theory and unit roots. The importance and implications of contingency for economic behaviour are developed.

Keywords

econometrics growth interest rates Keynes macroeconomics monetary policy money

Bibliographic information