Economists consider the legacy of Karl Brunner’s monetarism and its influence on current debates over monetary policy. Monetarism emerged in the 1950s and 196

Economists consider the legacy of Karl Brunner’s monetarism and its influence on current debates over monetary policy. Monetarism emerged in the 1950s and 196

In response to widespread interest in a formal complete statement analyzing aspects of the money-income relationship and clarification of his quantity theory, M

A survey of the new theories of inflation that have developed over the past two decades in response to the inflationary pressures experienced by Western countri

“Magisterial. . . . The direct and indirect influence of the Monetary History would be difficult to overstate.”—Ben S. Bernanke, Nobel Prize–winning eco