TY  - BOOK
AU  - Humphrey, Thomas M.
TI  - Money, banking and inflation: essays in the history of monetary thought 
SN  - 1852789417
AV  - HG 220 .A2H85 1993 
PY  - 1993///
CY  - Brookfield, VT.
PB  - Edward Elgar
KW  - Monedas
KW  - Política monetaria
KW  - Bancos
KW  - Inflación
N1  - Acknowledgements, viii --; Preface, ix --; Part I. Banking theories --; The Theory of Multiple Expansion of Deposits: What It Is and Whence It Came, 3 --; Lender of Last Resort: The Concept in History, 12 --; The Real Bills Doctrine, 21 --; Part II. Interest rates and inflation --; Can the Central Bank Peg Real Interest Rates? A Survey of Classical and Neoclassical Opinion, 35 --; Cumulative Process Models from Thornton to Wicksell, 45 --; The Interest Cost-Push Controversy, 58 --; The Early History of the Real/Nominal Interest Rate Relationship, 66 --; Part III. The quantity theory and monetarism --; The Quantity Theory of Money: Its Historical Evolution and Role in Policy Debates, 77 --; Algebraic Quantity Equations Before Fisher and Pigou, 95 --; Role of Non-Chicago Economists in the Evolution of the Quantity Theory in America 1930—1950, 105 --; Empirical Tests of the Quantity Theory of Money in the United States, 1900-1930, 112 --; Kaldor Versus Friedman in Historical Perspective, 144 --; Part IV. Inflation theories --; Some Current Controversies in the Theory of Inflation, 161 --; Eliminating Runaway Inflation: Lessons from the German Hyperinflation, 173 --; Precursors of the P-Star Model, 178 --; Keynes on Inflation, 185 --; On Cost-Push Theories of Inflation in the Pre-War Monetary Literature, 196 --; Part V. The Phillips Curve --; 'The Evolution and Policy Implications of Phillips Curve Analysis, 205 --; Some Recent Developments in Phillips Curve Analysis, 225 --; The Early History of the Phillips Curve, 234 --; Of Hume, Thornton, the Quantity Theory, and the Phillips Curve, 242 --; Part VI. Neutrality and nonneutrality of money --; Nonneufrality of Money in Classical Monetary Thought, 251 --; Ricardo Versus Thornton on the Appropriate Monetai Response to Supply Shocks, 264 --; Two Views of Monetary Policy: The Attwood-Mill Debate Revisited, 271 --; On Nonneutral Relative Price Effects in Monetarist Thought: Some Austrian Misconceptions, 280 --; The Concept of Indexation in the history of Economic Thought, 287 --; Part VII. Price-level stabilization rules --; Fisherian and Wicksellian Price-Stabilization Models in the History of Monetary Thought, 303 --; Price-Level Stabilization Rules in a Wicksellian Model of the Cumulative Process, 313 --; A Simple Model of Irving Fisher's Price-Level Stabilization Rule, 323 --; Part VIII. Open economy considerations --; A Monetarist Model of World Inflation and the Balance of Payments, 333 --; Adam Smith and the Monetary Approach to the Balance of Payments, 343 --; The Monetary Approach to Exchange Rates: Its Historical Evolution and Role in Policy Debates, 351 --; Dennis H. Robertson and the Monetary Approach to Exchange Rates, 359 --; Bullionists' Exchange Rate Doctrines and Current Policy Debates, 367 --; The Purchasing Power Parity Doctrine, 371 --; Part IX. Geometrical tools of price theory and the theory of commercial policy --; Marshallian Cross Diagrams and Their Uses Before Alfred Marshall: The Origins of Supply and Demand Geometry, 385 --; The Trade Theorist's Sacred Diagram: Its Origin and Early Development, 406 --; Classical and Neoclassical Roots of the Theory of Optimum Tariffs, 419 --; Index, 431
ER  -