relationship. A number of controversial issues regarding the demand for money are empirically investigated and the functioning of a … several issues relating to both current and future developments of monetary institutions: the optimum quantity of money, the … of the economy must be set. Money and Monetary Systems will be of great interest and value to economists specialising in …

, Elliott reconceptualises economic theories such as the quantity theory of money and Gresham's law as heuristic constructs …