Patinkin on Neo-Classical Monetary Theory: A Critique in Walrasian Specifics

Robert E. Kuenne
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Robert E. Kuenne: Princeton University

Chapter 18 in General Equilibrium Economics, 1992, pp 427-437 from Palgrave Macmillan

Abstract: Abstract The recent publication of Professor Don Patinkin’s Money, Interest, and Prices may be regarded as the appearance of a summary statement of the thought of its author as it has evolved over the last decade. Together with the allied criticism of neo-classical monetary theory by Lange,2 Patinkin’s challenge to the determinateness of that body of analysis and to its successful integration with the ‘real goods’ equations of neo-classical systems constitutes the most formidable attack ever made against it. As such it deserves to be examined in detail.

Keywords: Capital Good; Excess Demand; Money Market; Inventory Service; Money Stock (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12752-8_19

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DOI: 10.1007/978-1-349-12752-8_19

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