Classical Monetary Theory Revisited
Bibliographic Data
| ID | 9726509 |
|---|---|
| Authors | Robert Clower, Robert W Clower (corresponding author) |
| Year | 1963 |
| Volume | 30 |
| Issue | 118 |
| Pages | 165 |
| Publication date | 1963-05-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2601460 |
| OpenAlex | W2327818276 |
| Language | EN |
| Citations received | 1 |
In Part II of their important article on Monetary and Value Theory: A Critique of Lange and Patinkin ,1 Messrs. Archibald and Lipsey assert that the dichotomy consists in building a model in which Walras' Law does not hold .2 Since every economist whose writings I know clearly subscribed with full force and fervour to Walras' Law, I am unable to regard as valid either this assertion or Archibald and Lipsey's interpretation of monetary theory. The purpose of this paper is to exhibit a classical theory in which
Assertion · Economics · Epistemology · Interpretation (philosophy) · Keynesian economics · Mathematical economics · Monetary policy · Monetary theory · Neoclassical economics · Value (mathematics) · Value theory · Computer Science · Economic theories and models · Economic Theory and Institutions · Economic Theory and Policy · Mathematics · Philosophy
| Citations per year | 0.02 |
|---|---|
| Citation span | 1971 - 1971 (1) |
| Highly cited | No |