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A Market Theory of Money

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Book Details
Author: Sir John Hicks
Brand: OUP Oxford
Edition: Reprint
Binding: Paperback
Format: Import
Number of Pages: 152
EAN: 9780198796237
Languages: English

In this book, Sir John Hicks consolidates over 50 years of contributions to monetary economics, providing a concise yet profound statement on the fundamentals of monetary theory. He goes beyond mere synthesis by introducing a theory of competitive markets that bridges the gap between monetary and non-monetary economics, addressing the shortcomings of classical and neoclassical theories. Through this work, Hicks demonstrates how economic theory evolves in response to real-world changes, highlighting his ongoing influence on the field.

Reviews

  • "A good reminder of how much we have learned from him." – Times Higher Education Supplement

  • "Magisterial with a plentiful supply of new terminology." – Economica

  • "A remarkable accomplishment for a scholar at the end of a long and distinguished career." – Eastern Economic Journal