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This paper examines the relationship of the monetary economics of James Tobin to modern monetary theory, which has …’s series on Great Thinkers in Economics. …
Persistent link: https://www.econbiz.de/10011639321
Commitment to the behaviorist approach to utility theory, to the usefulness of mathematics in economic analysis and to equalization of the marginal utility of income as a principle of just taxation brought Irving Fisher and Ragnar Frisch to attempt to measure the marginal utility of income, and...
Persistent link: https://www.econbiz.de/10012858461
This paper examines the relationship of the monetary economics of James Tobin to modern monetary theory, which has …'s series on Great Thinkers in Economics …
Persistent link: https://www.econbiz.de/10013057618