Foreword -- by Professor Meghnad Desai AcknowledgementsIntroduction 1. The Definition of National Income Part I: Income as a Flow of ExpendituresPart II: The Keynesian Definition of National Income2. The Multiplier AnalysisPart I: The Dynamic MultiplierPart II: The Instantaneous Multiplier3. The Theory of EmissionsPart I: The Traditional Analysis of TimePart II: Time as Quantum4. Ex-Ante and Ex-Post in Chronological and Quantum TimePart I: The Ex-ante Determination of IncomePart II: Saving and Investment in Quantum Time and in Continuous TimeBibliographyIndex of NamesAnalytical Index
Summary
"Time and the Macroeconomic Analysis of Income will undoubtedly puzzle, stimulate, infuriate, or annoy many readers. Alvaro Cencini challenges so many of the commonly held notions which are perpetuated in elementary textbooks and taken for granted in learned journals that a first reaction is bound to be that the author must be naive or ignorant this is far from the case; the questions that Cencini raises are original and searching. His answers are even more intriguing for economists and interested readers."--Bloomsbury Publishing
Notes
Reprint. Originally published in 1984 by Frances Pinter (Publishers) Limited