THE QUANTITY THEORY IS ALWAYS AND EVERYWHERE CONTROVERSIAL - WHY

被引:12
作者
LAIDLER, D
机构
[1] Department of Economics, University of Western Ontario, London, Ontario
关键词
D O I
10.1111/j.1475-4932.1991.tb02559.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Controversy about the Quantity Theory has been marked by common themes since the 18th century. These include the definition of money, the relationship between correlation and causation, and the transmission mechanism. Controversy has continued because of the technical difficulty of sorting out the direction of causation running between money and prices, and, on a deeper level, because ideological concerns about the viability of market mechanisms are at stake in the controversy.
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收藏
页码:289 / 306
页数:18
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