Further essays in monetary economics / Harry G. Johnson.

Introduction, 11 -- Part I. General monetary theory -- 1. Recent Developments in Monetary Theory—a Commentary, 21 -- 2. The Keynesian Revolution and the Monetarist Counter-Revolution, 50 -- Appendix A. Keynes and the Keynesians, 70 -- Appendix B. Monetary Theory and Monetary Policy, 77 -- 3. Problems of Efficiency in Monetary Management, 88 -- 4. Inside Money, Outside Money, Income, Wealth and Welfare in Monetary Theory, 113 -- Appendix. A Comment on Pesek and Saving's Theory of Money and Wealth, 133 -- 5. Is There an Optimal Money Supply?, 137 -- Part II. International monetary theory -- 6. Some Aspects of the Theory of Economic Policy in a World of Capital Mobility, 151 -- 7. Theoretical Problems of the International Monetary System, 167 -- 8. The Case for Flexible Exchange Rates, 1969, 198 -- Appendix: The Panamanian Monetary System, 223 -- 9. The Monetary Approach to Balance-of-Payments Theory, 229 -- 10. Five Notes, 250 -- 1. The Welfare Costs of Exchange Rate Stabilization, 250 -- 2. Seigniorage and the Social Saving from Substituting Credit for Commodity Money, 263 -- 3. Efficiency in International Money Supply, 271 -- 4. Border Taxes, Border Tax Adjustments, Comparative Advantage and the Balance of Payments (with Mel Krauss), 277 -- 5. Are You Worth Your Weight in Gold?, 287 -- Part III. The international monetary crisis -- 11. The International Monetary Crisis, 1969, 295 -- 12. Problems of European Monetary Union, 312 -- 13. Inflation: A 'Monetarist' View, 325 -- 14. Problems of Stabilization Policy in an Integrated World Economy, 338 -- 15. The International Monetary Crisis of 1971, 353 -- Index, 362.