Palley, Thomas I. - In: Review of Keynesian Economics 1 (2013) 4, pp. 406-406
This paper uses the occasion of the 25th anniversary of Basil Moore's book, Horizontalists and Verticalists, to reassess the theory of endogenous money. The paper distinguishes between horizontalists, verticalists, and structuralists. It argues Moore's horizontalist representation of endogenous...