Among the economists who participated in the discussions about a new international and monetary order between the two world wars was Friedrich Hayek. Although they have been the subject of attention, - his positions and proposals of the 1930s on this topic, they are relatively less studied. In...

This article suggests a possible approach to the explanation of the monetarist money demand theory and the related policy implications in the teaching of History of economic thought. For the purpose of better understanding Milton Friedman’s contribution the emphasis is put on the conceptual...

Симеон Сергеевич Демостенов е дългогодишен професор по политическа икономия в Софийския университет в периода между двете световни войни и може би най–...

The questions which the global crises insistently sets today once again head to the organization of monetary circulation. Many scientists defend the proposal to eliminate the state monopoly, respectively the central bank monopoly as the only issuer of currency and to be allowed the circulation...