Journal of Post Keynesian Economics, Vol. 24, No. 4 (Summer, 2002), pp. 511-527 (17 pages) This paper argues that De Long's (2000) announcement of "the triumph of monetarism" is misplaced on the ...

Exploring the quantity theory of money and the effect tokenization could have on future demand for commercial real estate investments. The concept of illiquidity discounts, how it relates to markets ...

The two most prominent theories of macroeconomics to emerge during the 20 th century are the Keynesian Theory of Money and the Monetarism Theory. Keynesian thought traces back to the early part of the ...

MR. KEYNES'S “Treatise on Money”, the fruit of his study and reflection up to date on the part played by currency and credit in contemporary civilisation, is the most important work on monetary theory ...

Our findings indicate that Keynes reached a turning point towards the end of 1932, meaning by this not his establishment of the theory determining the level of employment (or output), but his ...

The fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on the ...

When it comes to understanding the nature of money, times of political tranquility can prove deceptive. The relatively stable order of things gives money the appearance of being natural and ...

In 1936, John Maynard Keynes's magnum opus, The General Theory of Employment, Interest and Money, was published. How much of Keynes's theory, which revolutionized the way policymakers approached ...

Modern monetary theory (MMT), it seems, has given politicians license to do what they always want to do anyway – buy votes with government giveaways of one sort or another. This is not the first time ...

The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of what constitutes monetary policy than it does ...

Policy and business circles these days buzz about something called modern monetary theory (MMT). Many claim it explains why budget deficits do not matter and why monetary ease, “printing money,” can ...