Monetary Theory And Fiscal Policy - Alvin Harvey Hansen - Bog

""Monetary Theory and Fiscal Policy"" is a book written by Alvin Harvey Hansen, an American economist, and published in 1949. The book is a comprehensive analysis of the relationship between monetary theory and fiscal policy, two crucial elements of macroeconomic policy. Hansen discusses the role of government in managing the economy and how monetary and fiscal policies can be used to achieve economic stability and growth.The book is divided into three parts. Part one deals with the basic concepts of monetary theory and explores the relationship between money supply, interest rates, and inflation. Part two focuses on fiscal policy, including taxation, government spending, and budget deficits. Hansen examines the effects of fiscal policy on the economy and the role of government in managing the business cycle.In part three, Hansen brings together the concepts of monetary theory and fiscal policy to analyze their combined impact on the economy. He discusses the need for coordination between the two policies and the challenges that arise when they are not aligned. Hansen also explores the role of international trade and exchange rates in shaping macroeconomic policy.Overall, ""Monetary Theory and Fiscal Policy"" is a seminal work in macroeconomics that continues to be influential today. Hansen's insights and analysis provide a framework for understanding the complex interactions between monetary and fiscal policies and their impact on the economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.