{"product_id":"money-markets-and-method-essays-in-honour-of-robert-w-clower-9781858989013","title":"Money, Markets and Method: Essays in Honour of","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eRobert 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.\u003cp\u003eThe volume begins with a number of papers dealing with Robert Clower's work and his views on methodology.  The contributors then discuss Keynes's \u003ci\u003eGeneral Theory\u003c\/i\u003e and its relationship to conventional Keynesian macroeconomic theory as well as the origins of the \u003ci\u003eGeneral Theory\u003c\/i\u003e 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.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003ci\u003e'What [this book] has, to a greater degree than most conference volumes or \u003c\/i\u003eFestschrifts\u003ci\u003e, 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.'\u003c\/i\u003e -- Robert W. Dimand, History of Economic Ideas\u003cbr\u003e\u003ci\u003e'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.'\u003c\/i\u003e -- Ross M. Starr, Journal of Economic Literature\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eContents:  Introduction  Part I:  Monetary Theory and Methodology  1. Clower’s Intellectual Voyage: The ‘Ariadne’s Thread’ of Continuity Through Changes  2. Microfoundations: Adaptive or Optimizing?  3. Clower on Axiomatics  4. New Tools for Making Economics as Inductive Science  Part II:  Keynes’s General Theory  5. From Keynes to Hicks – An Aberration? IS–LM and the Analytical Nucleus of the General Theory  6. Variations on a Two-Interest-Rate Theme  7. Thick Markets and Thin Theories: R.W. Clower and the Economics of J.M. Keynes  Part III:  Market Behaviour  8. Price Formation and Exchange in Thin Markets: A Laboratory Comparison of Institutions  9. Conformism and Multiple Sycophantic Equilibria  10. Asymmetric Contests: A Resolution of the Tullock Paradox  Part IV:  Market Stability  11. The Institutional Foundations of the Multiplier Process  12. Learning and the Stock-Flow Model  13. Price Setting in a Schematic Model of Inductive Learning  Index","brand":"Edward Elgar Publishing Ltd","offers":[{"title":"Default Title","offer_id":49414066897239,"sku":"9781858989013","price":111.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781858989013.jpg?v=1730522339","url":"https:\/\/bookcurl.com\/products\/money-markets-and-method-essays-in-honour-of-robert-w-clower-9781858989013","provider":"Book Curl","version":"1.0","type":"link"}