trade. This is followed by a consideration of the supply side issues of productivity and the labour market. Roger Backhouse then discusses the money supply, interest rates and exchange rates. The book
of macroeconomics before, during and after the Keynesian revolution. Roger Backhouse shows that the full richness of these developments can only by brought out by approaches which blend both relativism and absolutism
to compare to the Austrian theory.
Very readable, clear and concise book. A must for anyone with wants to understand ABCT theory.
Roger Garrison, a brilliant and entertaining
This volume honors the work of the influential economist Axel Leijonhufvud. His work in macroeconomics, monetary theory and European economic history has spurred great discussion over many years