Wray, L. Randall (contributor) - 2006
This paper first examines two approaches to money adopted by Keynes in the General Theory (GT). The first is the more … ISLM version as well as Friedman's monetarism. Indeed, even Post Keynesians utilizing Keynes's "finance motive" or the … "horizontal" money supply curve adopt similar methodology. The second approach of the GT is presented in Chapter 17, where Keynes …