The Humean Origin of the Contemporary Monetary Approach to the Balance of Payments

Dietrich Fausten

The Quarterly Journal of Economics, 1979, vol. 93, issue 4, 655-673

Abstract: I. Introduction, 655.—II. The essence of the modern monetary approach, 657.—III. The price-specie-flow mechanism of David Hume, 663.—IV. Concluding observations, 668.

Date: 1979
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