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The Nature of the Money Supply: Comments on Basil Moore’s Theory

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  • Terezinha Saracini

Abstract

Basil Moore at recent work develops his conception of endogenous money. Intothe implications, understand that his theory present incongruencies in relation to some partsthe Keynes’ theory. This paper presents commentaries about horizontalist view, focalizingthe incompatibility between liquidity preference and endogenous money, aimed for Moore.KEYWORDS: Money supply; money endogeneity; post-Keynesianism; history of economicthought; Basil Moore. JEL Classification: E12; E51; E42.

Suggested Citation

  • Terezinha Saracini, 2000. "The Nature of the Money Supply: Comments on Basil Moore’s Theory," Brazilian Journal of Political Economy, Center of Political Economy, vol. 20(2), pages 362-371,.
    • Handle: RePEc:ekm:repojs:v:20:y:2000:i:2:p:362-371,:id:1032
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    Keywords

    Money supply; money endogeneity; post-Keynesianism; history of economic thought; Basil Moore;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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