The Humean Origin of the Contemporary Monetary Approach to the Balance of Payments
- 1 November 1979
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 93 (4) , 655-673
- https://doi.org/10.2307/1884474
Abstract
I. Introduction, 655.—II. The essence of the modern monetary approach, 657.—III. The price-specie-flow mechanism of David Hume, 663.—IV. Concluding observations, 668.Keywords
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