Fontana, Giuseppe (contributor) - 2006
claimed that monetary theory, more than any other
economic theory, is ineluctably related to reality. By its own nature …, monetary theory
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deals with, and evolves in response to, the historical evolution of actual economies
(Hicks 1967 …, employment, or inflation are often the product of
monetary factors. Yet, Hicks is aware that the realism of monetary theory …