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

In: General Equilibrium Economics

Author

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  • Robert E. Kuenne

    (Princeton University)

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.

Suggested Citation

  • Robert E. Kuenne, 1992. "Patinkin on Neo-Classical Monetary Theory: A Critique in Walrasian Specifics," Palgrave Macmillan Books, in: General Equilibrium Economics, chapter 18, pages 427-437, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12752-8_19
    DOI: 10.1007/978-1-349-12752-8_19
    as

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