Horizontalists, verticalists, and structuralists: The theory of endogenous money reassessed

Article, Research, Preprint English OPEN
Thomas I. Palley;
  • Publisher: Düsseldorf: Hans-Böckler-Stiftung, Institut für Makroökonomie und Konjunkturforschung (IMK)
  • Journal: volume 1,issue 4 OCT,pages406-406
  • Subject: bank lending | E41 | E43 | endogenous money, horizontalists, verticalists, structuralists, monetarism, bank lending | Endogenous money, horizontalists, verticalists, strudturalists, monetarism, bank lending | strudturalists | Endogenous money | E4 | E5 | horizontalists | monetarism | verticalists
    • jel: jel:E43 | jel:E41 | jel:E4 | jel:E5
      ddc: ddc:330

This paper uses the occasion of the twenty-fifth anniversary of Basil Moore’s book, Horizontalists and Verticalists, to reassess the theory of endogenous money. The paper distinguishes between horizontalists, verticalists, and structuralists. It argues Moore’s horizonta... View more
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