There Exist Only Four Monetary Theories

Kaoru Yamaguchi () and Yokei Yamaguchi ()
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Kaoru Yamaguchi: Japan Futures Research Center
Yokei Yamaguchi: Japan Futures Research Center

Chapter Chapter 9 in Public Money, 2024, pp 239-283 from Springer

Abstract: Abstract Economy can be viewed as the whole of various transactions conducted with money. Therefore, economics as a branch of social science must include money at the center of its theoretical framework. How has economics dealt with money, then? Why has economics failed to incorporate banks as they are in the real world? Monetary theories underlying each school of economic thoughts seem to be complicated and diverse at first glance.

Date: 2024
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DOI: 10.1007/978-981-97-6564-5_9

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