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Mark Blaug on the quantity theory : a skirmish on the border between science and politics in the history of economic thought
Laidler, David E. W. - In: Today's standards and yesterday's economics - two short …, (pp. 8-12). 2012
about the Quantity Theory of Money, but he hesitated to probe too deeply into the political and ideological elements of its … history, perhaps leading him to underestimate their importance for the theory's evolution. -- money ; Quantity theory ; value … theory ; positive economics ; empiricism ; formalism ; bimetallism ; gold standard ; monetarism …
Persistent link: https://www.econbiz.de/10009671724
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On some principles to fix the quantity of bank money
Congdon, Tim - 2019
Persistent link: https://www.econbiz.de/10012122484
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Backing, the quantitiy theory, and the transition to the US dollar, 1723 - 1850
Rousseau, Peter L. - 2007
Persistent link: https://www.econbiz.de/10003411286
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Money and inflation : lessons from the US for ECB monetary policy
Belke, Ansgar; Polleit, Thorsten - 2007
Persistent link: https://www.econbiz.de/10013439560
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Prices and quantities in the monetary policy transmission mechanism
Adrian, Tobias; Shin, Hyun Song - 2009 - Rev.
Central banks have a variety of tools for implementing monetary policy, but the tool that has received the most attention in the literature has been the overnight interest rate. The financial crisis that erupted in the summer of 2007 has refocused attention on other channels of monetary policy,...
Persistent link: https://www.econbiz.de/10003947718
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Monetarist arithmetic at COVID-19 time : a take on how not to misapply the quantity theory of money
Pinter, Julien - In: Economic notes 51 (2022) 2, pp. 1-17
Persistent link: https://www.econbiz.de/10013275608
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How Friedman and Schwartz became monetarists
Lothian, James R.; Tavlas, George S. - 2016
During the late-1940s and the early-1950s Milton Friedman favored a rule under which fiscal policy would be used to generate changes in the money supply with the aim of stabilizing output at full employment. He believed that the economy is inherently unstable because of endogenous movements in...
Persistent link: https://www.econbiz.de/10011606920
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A classical view of the business cycle
Belongia, Michael T.; Ireland, Peter N. - 2016
Persistent link: https://www.econbiz.de/10011590908
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Money circulation and debt circulation : a restatement of quantity theory of money
Xing, Xiaoyun; Xiong, Wanting; Chen, Liujun; Chen, Jiawei; … - 2018
Both money and debt are products of credit creation of banks. Money is always circulating among traders by facilitating commodity transactions. In contrast, debt is created by borrowing and annihilated by repayment as it is matured. However, when this creation- annihilation process is mediated...
Persistent link: https://www.econbiz.de/10011774561
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From a treatise on money to the general theory : John Maynard Keynes' departure from the doctrine of forced saving
Wong, Crystal Ho Po - 2013
-1936 from when he worked on A Treatise on Money to the completion of his General Theory. The forced saving notion has been … demand in the General Theory and its process. I provide evidence suggesting that the development of the General Theory is … Fundamental Equations and subsequent theory of effective demand in the explanation of the problem of unemployment. …
Persistent link: https://www.econbiz.de/10011707330