ABSTRACT

Presents the author's alternative monetary theory and macroeconomics to both the quality theory and Keynes's work. This text reveals Means's view of the economic processes in the real world, and the state of monetary and macroeconomics theory in the mid-1940s.

chapter 1|4 pages

Introduction

part |2 pages

Part I. Theories of Employment

chapter 4|4 pages

The Classical Theory of Employment

chapter 5|11 pages

The Marxian Theory of Employment

part |2 pages

Part II. An Insensitive-Price Theory of Economic Adjustment

chapter 6|36 pages

Insensitive Prices and Wage Rates

chapter 7|16 pages

Aggregate Demand and Insensitive Prices

part |2 pages

Part III. A Monetary Theory of Aggregate Demand

chapter 8|14 pages

The Demand for Money

chapter 9|8 pages

Assets and Economic Management

chapter 10|6 pages

The Determinants of Aggregate Demand

part |2 pages

Part IV. A Monetary Theory of Employment

chapter 11|15 pages

A Monetary Theory of Employment

chapter 12|17 pages

The Necessity of Testing the Monetary Theory

part |2 pages

Part V. Problems of Corrective Action

chapter 13|21 pages

The Problem of Maintaining Full Employment

chapter 14|10 pages

The Problem of Achieving Full Employment

chapter 15|5 pages

The Problem of Inflation

chapter 16|6 pages

Dynamic Problems

chapter 18|13 pages

Toward a Positive Program