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

This volume offers a unique perspective on a key issue of monetary economics: the effect of money on output. Karl Brunner and Allan Meltzer address the theoreti

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

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