Nicholas Kaldor was born in Budapest on 12 May His father was a lawyer and .. Monetarism (), The Scourge of Monetarism (),. The Economic. Kaldor first became interested in economics through his personal experience of a major monetary event. In , aged 15, he was on a family holiday in the. : The Scourge of Monetarism (Radcliffe Lectures) () : Nicholas Kaldor: Books.
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The Scourge of Monetarism
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The Scourge of the Monetarists: Kaldor on Monetarism and on Money
Nicolas Kaldor’s critique of monetarism from until his death is described and evaluated. It is argued that subsequent events, as well as empirical research, vindicate his critique.
Kaldor’s critique of John Maynard Keynes’s monetary theory is then seen as an extension of his “Radcliffe” views and this paper argues that, in this matter, Kaldor was mechanical in his modeling of the endogeneity of money supply. It is suggested that the work of Hyman Minsky and Victoria Chick has the potential for further work in this area. Copyright by Oxford University Press. Download full text ecourge publisher To our knowledge, this item is not available for download.
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