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RATIONAL CHOICE AND PATTERNS OF GROWTH IN A MONETARY ECONOMY.

Concluding his excellent survey of recent monetary theory, economist Harry Johnson suggested that future developments in this field should come from attempts to break monetary theory loose from the mould of short-run equilibrium analyses, conducted in abstraction from the process of economic growth...

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Published in:American Economic Review Vol. 57; no. 2; pp. 534 - 545
Main Author: Sidrauski, Miguel
Format: Article
Published: American Economic Association May67
Subjects:
Money
Rational choice theory
Economic equilibrium
Economic development
Monetary theory
Capital
Demand function
Consumption (Economics)
Economic forecasting
Online Access:View this record in EBSCOhost