1991•Unpublished venueRequires access

Monetarism and the Keynesians

Christopher P. Johnson

Abstract

Part 1 New articles: monetary policy in a fiat world, Milton Friedman monetary policy in the USA, Alan Greenspan UK monetary policy in the second half of the 1980s, Robin Leigh-Pemberton the European Monetary System - a long-term view, Tommaso Padoa-Schioppa. Part 2 Previously published articles: why money matters, Anna Jacobson Schwartz the new monetarism (with comment by Milton Friedman), Nicholas Kaldor what is wrong with monetarism (with comment by Harry G. Johnson), Sir John Hicks the failure of Keynesian coventional wisdom (with comment by Lord Kahn), Walter Eltis a new view of money, R. Coghlan rethinking monetary policy, M. Lewis the integration of monetary, fiscal and incomes policy, M. Peston origins of the monetarist fallacy - the legacy of gold, R. Bootle critique of monetary policy, Christopher Dow.

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Key concepts: Monetarism, Keynesian economics, Economics, Monetary policy, Fallacy, Monetary economics, Economic history, Philosophy