A Market Theory of Money

In this, his last work, distinguished economist John Hicks reviews his own writings over the last half century. He explains the way in which economic theory has been adjusted to reflect developments in the real economy. Drawing together the treads of his writings, Hicks goes on the outline a theory which links competitive markets with the monetary sector. This is the first book to make this connection, and as such it makes an important contribution to the popular debate on market theory.