, with the rise of the Phillips curve, the return of the Quantity Theory, the development of the notion of a government … Theory (MMT), this paper argues that it is Minsky, not Lerner, whose work remains essential for the further development of …

, with the rise of the Phillips curve, the return of the Quantity Theory, the development of the notion of a government … Theory (MMT), this paper argues that it is Minsky, not Lerner, whose work remains essential for the further development of …

subdiscipline has evolved. It considers some implications for today's awkward economic facts of aspects of Keynes' General Theory …

, with the rise of the Phillips curve, the return of the Quantity Theory, the development of the notion of a government … Theory (MMT), this paper argues that it is Minsky, not Lerner, whose work remains essential for the further development of …

subdiscipline has evolved. It considers some implications for today's awkward economic facts of aspects of Keynes' General Theory …

The business cycle theory of Friedrich A. Hayek offers an explanation for the onset of the Great Depression that is … ended in the bust of 1929. In the 1930s, Hayek's theory indicated the Fed should act to prevent nominal income falling below … wise in retrospect, but the mechanisms of Cassel's theory played only a small role in causing the deflation or the …

international depression and the Great Depression in the United States. Hayek’s business cycle theory offered a monetary …

Keynes was writing the General Theory, a correspondence that failed to resolve theoretical differences culminating in Hawtrey …'s critical review of the General Theory and their 1937 exchange in the Economic Journal …