1st Edition

Equilibrium, Expectations, And Information A Study Of The General Theory And Modern Classical Economics

By Christopher Torr Copyright 1988
    160 Pages
    by Routledge

    160 Pages
    by Routledge

    This book attempts to elucidate the views of Keynes's General Theory as far as equilibrium, expectations and information are concerned, and compares them with those of modern classical economists of the Chicago and Ricardian persuasion.

    Introduction 1. Equilibrium in the General Theory 2. Expectations in the General Theory 3. Information in the General Theory 4. Information, Equilibrium and Rational Expectations 5. Equilibrium and Expectations in Modern Ricardian Economics 6. Conclusion