Mark Blaug on the quantity theory : a skirmish on the border between science and politics in the history of economic thought

by David Laidler

Mark Blaug brought his usual standards of historical awareness and respect for empirical content to bear when he wrote about the Quantity Theory of Money, but he hesitated to probe too deeply into the political and ideological elements of its history, perhaps leading him to underestimate their importance for the theory's evolution. -- money ; Quantity theory ; value theory ; positive economics ; empiricism ; formalism ; bimetallism ; gold standard ; monetarism

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Year of publication:	2012
Authors:	Laidler, David E. W.
Other Persons:	Blaug, Mark (contributor)
Published in:	Today's standards and yesterday's economics - two short occasional essays : eliminating history from economic thought and Mark Blaug on the quantity theory. - London, Ontario : EPRI. - 2012, p. 8-12
Subject:	Ökonomische Ideengeschichte \| History of economic thought \| Quantitätstheorie \| Quantity theory of money