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Money, Banking, and the Economy: A Monetarist View

Barry N. Siegel




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 |  2014-05-10 |  2014-05-10 | File type: PDF

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Money, Banking, and the Economy: A Monetarist View presents a systematic "monetarist" approach to money, banking, and the economy. The monetarist approach is a blend of the pre-Keynesian quantity theory, the tradition represented by D. H. Robertson, and the modern monetarist school, represented by Milton Friedman and his followers. A systematic development of a model of nominal income, based upon the Cambridge equation and the loanable funds theory of interest, is presen...

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