necessary. But for how long Monetarism succeeded to be a solution for the economy? And what school considered money as having an … will present a critical view about money and monetary theories by comparing two of the most important and influential … schools of economic thinking: Keynesian paradigm and Monetarism. The later appeared as a reaction of the former, in a moment …

This article examines the misconceptions about modern money theory (MMT) put forward by . The author divides her … means-of-payment function of money, that it considers money as a pure asset, that it does not distinguish between inside and … outside money, and that it does not distinguish between money and the monetary base. Second, Drumetz/Pfister (2021) falsely …

This paper analyzes the effectiveness of monetary policy on money and credit in Pakistan by using the data rich …

This paper provides a critical discussion of monetarism and the difficulties of understanding macroeconomic …

rate. Money’s role in monetary policy has been tertiary, at best. Indeed, several influential economists suggest that money …. I offer an alternative perspective: Money is essential for monetary policy because it is essential for controlling the …