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Money, Markets and Method

Essays in Honour of Robert W. Clower

Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 28th Apr 1999
Dimensions: w 234mm h 156mm d 22mm
Weight: 649g
ISBN-10: 1858989019
ISBN-13: 9781858989013
Barcode No: 9781858989013
Robert W. Clower has had a profound effect on the theory and practice of economics. The distinguished group of contributors to this book celebrates his seminal contribution to economic methodology and theory by providing key accounts of important themes in the area of money, markets and method. The volume begins with a number of papers dealing with Robert Clower's work and his views on methodology. The contributors then discuss Keynes's General Theory and its relationship to conventional Keynesian macroeconomic theory as well as the origins of the General Theory itself, a subject that has been central to Clower's writings. The analysis is then expanded to concentrate on how institutions matter in thin markets. Finally, the authors analyse ways in which adaptive behaviour influences the stability of markets in the context of trading relationships, repeated games and retail stores.

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`What [this book] has, to a greater degree than most conference volumes or Festschrifts, are pieces that provoke thought, stimulate further research, make one wish to read more works by these authors, and reminds one how much insight, stimulus, and pleasure is to be gained by re-reading Robert Clower's essays.' -- Robert W. Dimand, History of Economic Ideas `The volume is well edited and clearly organized, and includes an informative list of contributors, noting their affiliations and a brief description of their work. . . . This volume succeeds as a fine and fitting tribute to the birthday honoree. Its essays present a significant development of this family of arguments.' -- Ross M. Starr, Journal of Economic Literature