Money and Income: Post Hoc Ergo Propter Hoc?
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An ultra-Keyniesian model, 303 as discussed by the authors, and a Friedman model, 310, were used to compare timing implications, and they showed that timing implications are strongly correlated.Abstract:
An ultra-Keyniesian model, 303. — A Friedman model, 310. — Comparisons of timing implications, 314.read more
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Journal ArticleDOI
Making a Case When Theory is Unfalsifiable
Abraham Hirsch,Neil De Marchi +1 more
TL;DR: Friedman's famous methodological essay contains strands that look as though they were taken from the "empirical-scientific" fabric described by Karl Popper (see as discussed by the authors for a very clear discussion).
Journal ArticleDOI
What has happened to monetarism? An investigation into the Keynesian roots of Milton Friedman's monetary thought and its apparent monetarist legacies
Jörg Bibow,Jörg Bibow +1 more
TL;DR: This article found that the key issue is the theory of interest, which is at the root of differences in approach to money demand and liquidity preference between Friedman's monetary thought and that of John Maynard Keynes.
Book
Macroeconomic Paradigms and Economic Policy: From the Great Depression to the Great Recession
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Posted Content
The Role of Judgment and Discretion in the Conduct of Monetary Policy: Consequences of Changing Financial Markets
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