defuse 发表于 2025-3-25 07:10:31
The Chicago Paradox,ify “money” while extending the concept to the “monetary aggregates” M2 and M3 implied that belief in expansion of government control of money persisted while the Fed’s legal limits on the money supply (in the form of its own minimum reserve requirements) were eliminated (without complaint from monetarists).SCORE 发表于 2025-3-25 10:08:00
http://reply.papertrans.cn/23/2272/227176/227176_22.pngSynchronism 发表于 2025-3-25 14:30:12
http://reply.papertrans.cn/23/2272/227176/227176_23.png六边形 发表于 2025-3-25 19:11:44
http://reply.papertrans.cn/23/2272/227176/227176_24.png红润 发表于 2025-3-25 21:12:28
http://reply.papertrans.cn/23/2272/227176/227176_25.png故意 发表于 2025-3-26 02:35:23
http://reply.papertrans.cn/23/2272/227176/227176_26.pngOintment 发表于 2025-3-26 05:27:54
https://doi.org/10.1007/978-3-319-47489-2sical in conception. Eprime Eshag’s review (1963, p. 1) of Cambridge monetary theory begins with the following statement:.The laws which determine the value of money are, according to Marshall, the same laws on which the general theory of value is based. In other words, the value of money, like theValves 发表于 2025-3-26 10:17:27
Francesca M. Bosco,Alberto Parola Patinkin persistently clung to this conclusion despite a softening of his terminology and modifications of his argument to meet the objections of his critics. The original characterization of the “inconsistency” as a substantive “contradiction” became successively an inconsistency, a possible inconFECK 发表于 2025-3-26 16:00:15
http://reply.papertrans.cn/23/2272/227176/227176_29.pngnocturnal 发表于 2025-3-26 19:17:24
Constantinos Tsirogiannis,Brody Sandelbankers in playing a numbers game with “monetary aggregates.” Monetarists presume to stabilize the economy by fixing the growth rate of the money supply they refuse to identify. The contradiction may explain why the success of monetarism has been matched by the apparent inability of central banks co