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

ABSTRACT

Basil Moore at recent work develops his conception of endogenous money. Into the implications, understand that his theory present incongruencies in relation to some parts the Keynes’ theory. This paper presents commentaries about horizontalist view, focalizing the incompatibility between liquidity preference and endogenous money, aimed for Moore.

KEYWORDS:
Money supply; money endogeneity; post-Keynesianism; history of economic thought; Basil Moore

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