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Journal ArticleDOI

Relative Prices, Say's Law, and the Demand for Money

Don Patinkin
- 01 Apr 1948 - 
- Vol. 16, Iss: 2, pp 135
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This article is published in Econometrica.The article was published on 1948-04-01. It has received 48 citations till now. The article focuses on the topics: Endogenous money & Demand for money.

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Journal ArticleDOI

On the First Law of Geography: A Reply

Waldo R. Tobler
- 01 Jun 2004 - 
TL;DR: Sui has sent me a written version of comments presented by five geographers at a panel on the first law of geography organized byhim at the 2003 AAG meeting in New Orleans as discussed by the authors.
Journal ArticleDOI

The History of the Concept of Transaction Costs: Neglected Aspects

Matthias Klaes
- 01 Jun 2000 - 
TL;DR: In the 1970s, after the limits of the Arrow-Debreu paradigm had become obvious, several authors, including Oliver E. Williamson, Kenneth J. Arrow, Armen A. Alchian, and Harold Demsetz, took up the notion of transaction costs and turned it into a useful analytical tool as mentioned in this paper.
Book ChapterDOI

Recent Theories Concerning the Nature and Role of Interest

G. L. S. Shackle
- 01 Jun 1961 - 
TL;DR: The place of interest rates in the economic process has since 1945 been mainly discussed, within the literature in English, along three lines: first, criticism and defence of Keynes's position; secondly, advocacy of a stock or of a flow analysis, or of the need to combine them; thirdly, examination of the claim of interest to be a suitable and effective regulator of the pace of growth of the nation's wealth as discussed by the authors.
Book ChapterDOI

Walras' Law, Say's Law, and Liquidity Preference in General Equilibrium Analysis

S. C. Tsiang
- 01 Sep 1966 - 
TL;DR: In this paper, it was shown that Walras' Law does not apply to an economy where money as the necessary medium of exchange and generally accepted means of payments is demanded for transaction purposes.
Journal ArticleDOI

Classical Monetary Theory, New and Old

Jurg Niehans
- 01 Nov 1987 - 
TL;DR: The distinctive features of so-called "new classical" monetary theory may be listed as (1) rational expectations; (2) quantity th eory of money; (3) interest policy indeterminancy; (4) market clearin g; (5) neutral money; and (6) monetary policy ineffectiveness.