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The Optimum Quantity of Money
TLDR
In this paper, a series of programs solve a Bewley model with production with a Berenbrink classifier and a production classifier, and solve the problem with production.Abstract:
This series of programs solve a Bewley model with production(This abstract was borrowed from another version of this item.)read more
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On the Optimum Quantity of Money
Walter E. Block,William Barnett +1 more
TL;DR: The authors argue that although prominent Austrian economists have indeed made this argument, they are incorrect from their own basic perspective, which is shared in full by the present authors, in contrast to theirs, is that "more is better" or, more strictly speaking, at the very least it is possible that additional stocks of money can make a positive contribution to economic welfare.