From National Macroeconomics to World Macroeconomics: A Contribution to the Macroeconomics of Space

Name: From National Macroeconomics to World Macroeconomics: A Contribution to the Macroeconomics of Space
Creator: Paul Mandy
Keywords: 8. Economic growth

Paul Mandy

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https://doi.org/10.1...arrow_drop_down

https://doi.org/10.1007/978-1-...

Part of book or chapter of book . 1990 . Peer-reviewed

License: Springer TDM

Data sources: Crossref

https://dx.doi.org/10.1007/978...

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Data sources: Microsoft Academic Graph

From National Macroeconomics to World Macroeconomics: A Contribution to the Macroeconomics of Space

descriptionPublicationkeyboard_double_arrow_right Part of book or chapter of book , Other literature type 01 Jan 1990 English Publisher:Palgrave Macmillan UK

Authors: Paul Mandy;

doi: 10.1007/978-1-349-08906-2_5

From National Macroeconomics to World Macroeconomics: A Contribution to the Macroeconomics of Space

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Abstract

According to Keynes, macroeconomics is ‘the theory of output and employment as a whole1 which is inevitably connected to ‘the complete theory of a monetary economy’.2 Because of its function as a store of value, money, which is ‘a link between the present and the future’,3 is inextricably tied to TIME. This continuity in time, which motivates monetary behaviour, makes it possible to satisfactorily integrate the concept of time into macroeconomics.

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