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This paper brings together, using extensive archival material from several countries, scattered information about Milton Friedman's views and predictions regarding U.S. monetary policy developments after 1960 (i.e., the period beyond that covered by his and Anna Schwartz's Monetary History of...
Persistent link: https://www.econbiz.de/10012731101
The engineer economist -- The failure of postwar reconstruction -- Rueff and French economic strategy during the Depression -- The crisis of liberalism and the future of liberal capitalism in the 1930s -- L'ordre social and the war -- Reconstruction and inflation -- Keynes, the postwar "age of...
Persistent link: https://www.econbiz.de/10003881376
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-- Bernhard Laums Theorie der Geldentstehung -- Teil II: Wilhelm Gerloff – Zur Entstehung und Entwicklung des Geldes -- Wilhelm …
Persistent link: https://www.econbiz.de/10014017663
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Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of...
Persistent link: https://www.econbiz.de/10012402085
–“natural rate theory”- dominated interpretations of economic trends and policy prescriptions since the 1970s. Public policy …. Economic trends were filtered through the lens of the “natural rate theory,” focusing on labor market institutions only and … confronts the economic trends with the interpretations of the “natural rate theory” and argues that they hardly fitting the …
Persistent link: https://www.econbiz.de/10008651698
Persistent link: https://www.econbiz.de/10010257010
purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox … economics will be reiterated and an overview over the strands of post-Keynesian economics, their commonalities and developments …
Persistent link: https://www.econbiz.de/10011560674