Titlebook: Classical versus Neoclassical Monetary Theories; The Roots, Ruts, and Will E. Mason,William N. Butos Book 1996 Springer Science+Business Me

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David Pellow,Darya Filippova,Carl Kingsfordssible as long as monetarists are unable to agree on what money is or how to count it. Nevertheless, the essential idea of monetarism may be captured in the following propositions: (1) money is an exogenous constant of monetary policy rather than an endogenous variable of monetary theory, and (2) th

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Research in Computational Molecular Biologysses “the breakdown of nominal income between real income and prices” (1971, p. 34). This helps to explain why his predictions of real versus price level effects of given monetary policies are little, if any, better than could be obtained by tossing a coin..

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Special Qualifications and Equipment, of convertible paper money, i.e., bank-notes.” There had been no question about this in the classics. Classical writers invariably attached the qualifying word, “paper,” to media of exchange that did not qualify as a “material recompense or equivalent.” While classical money was a commodity, it was

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