Readings in monetary theory / selected by a Committee of the American Economic Asociation ; preface Friedrich. A. Lutz and Lloyd W. Mints ; articles by Edwin Cannan, J.R. Hicks, Edward C. Simmons, W.F. Crick, J.E. Meade, Roland N. McKean, Howard S. Ellis, R.G. Hawtrey, D.H. Robertson, A.C. Pigou, Franco Modigliani, Don Patinkin, Clark Warburton, Gustav Cassel, Henry C. Simmons, Milton Friedman, Lester V. Chandler, Charles O. Hardy, Albert G. Hart and Harlan M. Smith.

Preface / By Friedrich A. Lutz and Lloyd W. Mints, v -- Part I. Integration of the theory of money and the theory of price, 3 -- 1. The application of the theoretical apparatus of supply and demand to units of currency / By Edwin Cannan, 3 -- 2. A suggestion for simplifying the theory of money / By J. R. Hicks, 13 -- 3. The relative liquidity of money and other things / By Edward C. Simmons, 33 -- Part II. The demand for and the supply of money-the value of money, 41 -- 4. The genesis of bank deposits / By W. F. Crick, 41 -- 5. The amount of money and the banking system / By J. E. Meade, 54 -- 6. Liquidity and a national balance sheet / By Roland N. McKean, 63 -- 7. Some fundamentals in the theory of velocity / By Howard S. Ellis, 89 -- 8. Money and index-numbers / By R. G. Hawtrey, 129 -- 9. A note on the theory of money / By D. H. Robertson, 156 -- 10. The value of money / By A. C. Pigou, 162 -- Part III. Money, the rate of interest and employment, 186 -- 11. Liquidity preference and the theory of interest and money / By Franco Modigliani, 186 -- 12. Economic progress in a stable environment / By A. C. Pigou, 241 -- 13. Price flexibility and full employment / By Don Patinkin, 252 -- 14. The misplaced emphasis in contemporary business fluctuation theory / By Clark Warburton, 284 -- 15. The rate of interest, the bank rate, and the stabilization of prices / By Gustav Cassel, 319 -- Part IV. Monetary policy, 337 -- 16. Rules versus authorities in monetary policy / By Henry C. Simons, 337 -- 17. A monetary and fiscal framework for economic stability / By Milton Friedman, 369 -- 18. Federal reserve policy and the federal debt / By Lester V. Chandler, 394 -- 19. Fiscal operations as instruments of economic stabilization / By Charles O. Hardy, 425 -- 20. The Chicago plan of banking reform -- By Albert G. Hart, 437 -- Classified bibliography of articles on monetary theory / By Harlan M. Smith, 457 -- Index to bibliography, 507.