Lost in a maze of money aggregates

posted by
February 20, 2011
Campaign For Liberty
by Robert P. Murphy  
Posted in Commentary

"One of the most important concepts in economic theory is the quantity of money. However, when going from theory to practical application, things get messy. In the real world, it's not obvious how to count up the amount of 'money' in the economy at any given time." (02/18/11)



Our Sponsors