Recommended readings (Machine generated): "Phelps-Brown, E.H. and Shiela V. Hopkins (1956), "Seven Centuries of the Prices of Consumables, compared with Builders' Wage-Rates", Economica, New Series, XXIII (89-92), November, 296-314" -- "O'Donoghue, Jim, Louise Goulding, and Grahame Allen (2004),...

A statement of problem -- The theory of the demand for money -- A theory of the supply of money -- The quantity theory of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social function of real debt -- Monetary risk and the social function...

Beginning with an assessment of new thinking in macroeconomics and monetary theory, this book suggests that many countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels. It goes on to illustrate that the explicit control of...

It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this idea can neither explain the purchasing power of money nor its variations over time, and a new theory is therefore presented in its place. The book aims to provide the...

Contents: Preface -- Foreword I: Professor Geoffrey Harcourt -- Foreword II: Professor Sheila Dow -- Introduction The Biographies of the Interviewees -- Part 1: Round one (R1) interviews (2018) i. Professor Victoria Chick ii. Professor Tim Congdon CBE iii Professor Paul Davidson iv. Professor...

"This volume contains thirty-seven contributions from the most significant early developers of monetary economics. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like Thomas Aquinas, Martin de Azpilcueta, John Locke,...

Contents: Preface -- 1. Puzzles and Myths: A General Overview -- 2. Puzzles in International Finance -- 3. Puzzles in International Economics and Macroeconomics -- 4. Puzzles in Finance -- 5. The Myths of Econometrics -- 6. The Myths of Laissez Faire -- 7. The Myths of Financial Economics -- 8....

Ronald H. Coase, one of the most innovative and provocative economists of the twentieth century, has had a lasting influence in economics, law and economics, organization theory, management and political science. In this comprehensive Companion, 31 leading economists, social scientists and legal...

Introduction -- 1. Antiquity / Bertram Schefold -- 2. Economic Thought in Scholasticism / Irina Chaplygina and André Lapidus -- 3. Cameralism / Keith Tribe -- 4. Mercantilism and the Science of Trade / Thierry Demals -- 5. French Enlightenment / Thierry Demals and Gilbert Faccarello -- 6....

Introduction -- 1. William Petty (1623-1687) -- Tony Aspromourgos -- 2. Pierre Le Pesant de Boisguilbert (1646-1714) -- Gilbert Faccarello -- 3. John Law (1671-1729) -- Antoin E. Murphy -- 4. Richard Cantillon (1680/90-1734) -- Antoin E. Murphy -- 5. Charles-Louis de Secondat de Montesquieu...