The poverty of monetarism

This paper provides a critical discussion of monetarism and the difficulties of understanding macroeconomic developments after the publication of Friedman and Schwartz’s classic 1965 article through a monetarist lens, especially for the period following the great financial crisis. This paper propose...

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Bibliographic Details
Main Author: Patrick Bolton
Format: Article
Language:English
Published: KeAi Communications Co. Ltd. 2021-03-01
Series:China Economic Quarterly International
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666933120300034