Bindseil, Ulrich; König, Philipp J. - In: Review of Keynesian Economics 1 (2013) 4, pp. 383-383
In 1988 Basil Moore published his book Horizontalists and Verticalists: The Macroeconomics of Credit Money, which this year celebrates its 25th birthday. We discuss this book from today's perspective, and in particular whether Moore's main assertions have been validated or rejected by the...