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Documents the elaboration of the quantity theory of money into a general choice theoretic explanation of price level behaviour. The author argues that the principal architects of the quantity theory - Marshall, Fisher and Wicksell - contributed indirectly to the collapse of the gold standard.
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Documents the elaboration of the quantity theory of money into a general choice theoretic explanation of price level behaviour. The author argues that the principal architects of the quantity theory - Marshall, Fisher and Wicksell - contributed indirectly to the collapse of the gold standard.
Atsiliepimai