Monetary orthodoxy and heterodoxy: the question of currency neutrality

Maria de Lourdes Rollemberg Mollo ()

Brazilian Journal of Political Economy, 2004, vol. 24, issue 3, 323-345

Abstract: The paper reviews the controversies on the neutrality/non-neutrality of money in the History of Economic Thought establishing criteria for the classification of orthodoxy and heterodoxy, especially in what concerns monetary issues. The article emphasizes the non-neutrality of money on the perspective of the Marxian monetary theory of inflation, making its point on the differences of the Monetarist theory of inflation. JEL Classification: E4; E5; E11; E12; E40; E50.

Keywords: Currency; neutrality of money; non-neutrality of money; monetary orthodoxy; monetary heterodoxy (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:24:y:2004:i:3:p:323-345:id:750

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