New Monetarist Economics

New Monetarist Economics

Housing starts in England continue to wobble around their post 2007 crisis level and are still about a quarter down on their immediate pre-crisis levels and at less than half the level every informed observer argues is the minimum necessary. More »

According to quantity theory of money money supply and price

According to quantity theory of money money supply and price

level are vary in a direct way in a certain proportion. Another (snarky) way to put it is that a naive market equilibrium employment rate is predicted to be 100%. The current value? More »

 

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