The theory of money supply: a case study

Leon Taylor ()

MPRA Paper from University Library of Munich, Germany

Abstract: The theory of money supply is less developed than that of money demand, largely because 19th-century economists believed that money was unimportant and because they viewed the central bank as either an appendage to the economy or as a welfare-maximizing black box. The paper reviews each of these beliefs in turn.

Keywords: money supply; history of economic thought; central bank (search for similar items in EconPapers)
JEL-codes: B19 B22 (search for similar items in EconPapers)
Date: 2014-03-06
New Economics Papers: this item is included in nep-cba, nep-his, nep-hpe and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/54208/1/MPRA_paper_54208.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:54208

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().