The studies collected in this volume embody the results of research conducted in the mid 1950s into various theoretical problems in international economics. They fall into three groups - comparative cost theory, trade and growth and balance of payments theory. This volume consolidates the work of previous theorists and applies mathematically-based logical analysis to theoretical problems of economic policy.

A sequel to Essays in Monetary Economics, this book develops the ideas on domestic and international monetary issues, with reference to specific events and crises of the 1960s and 70s. These essays are distinguished by the author's expert grasp of the analytical techniques and contemporaneous policy problems of both domestic and international monetary economics.

This book deals with the effects of international trade on economic growth and money. It also re-examines Keynesian theory and analyzes economic growth in an affluent society in terms of planning, economic and social policy.

This volume consists of selected previously published key essays which have proved most useful for teaching advanced monetary economics. A short introduction was added which places the selection of essays and the issues they cover in the contemporaneous context of simultaneous high inflation and high unemployment. As relevant today as they were when they were first written, they enable the reader to anticipate intelligently what is likely to happen and why.

Reprinting the second edition (which included a new introduction explaining developments which had emerged since first publication) this book discusses explorations in the fundamental theory of a monetary economy, a theoretical critique of the 'Phillips Curve' approach to the theory of inflation and the theory of the term structure of interest rates in terms of the theory of forward markets pioneered by David Meiselman.

An internationally acknowledged authority on all aspects of the theory of international trade and payments, this book collects Harry Johnson's contributions to the study of international trade, including a critique of the theory of effective protection. The book discusses:

• the integration of income distribution and other aspects of the economy into the positive theory of tariffs
• the issues raised by the use of tariffs to promote economic development
• the implications of distortions of various kinds in the working of competition for tariff theory and...

Gathering together the papers presented at the Madrid Conference on Optimum Currency Areas in 1970 this volume represents one of the first complete surveys of the theory and policy implication of monetary integration. The book discusses:

• the economics of fixed exchange rates relevant to monetary relations within an integrated monetary area
• the evolution of economic doctrine and a survey of optimum currency area theory
• problems of policy co-ordination within a currency area
• relevance of the monetary-fiscal...