Analysis of the money supply process provides a framework for the systematic examination of the implications of alternative institutional arrangements and policy decisions. This chapter presents a framework containing many features of modern financial systems. The system extended to include many...

1 Understanding 1929–1933 -- 2 Monetarist Interpretations of the Great Depression: An Evaluation and Critique -- 3 Notes on the Causes of the Great Depression -- 4 Comments on “Understanding 1929–1933” -- 5 Comments on “Monetarist Interpretations of the Great Depression” -- 6...

The Economic Tradition: Economics as a Research Programme for Theoretical Social Science -- Milton Friedman in Our Time -- Development Economics: Intellectual Barbarism -- A Hobbesian Interpretation of the Rawlsian Difference Principle -- Galbraithian Economics: The Methodology and Political...