Psychology Dictionary of ArgumentsHome
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| Quantity theory: The quantity theory of money (QTM) is a macroeconomic theory that states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply. See also Monetarism, Price, Markets._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Adam Smith on Quantity Theory - Dictionary of Arguments
Mause I 40 Quantity Theory/Money/Smith/Hume: Adam Smith adopted the quantity theory of money from Hume, according to which changes in the money supply have no real, but only price effects in the longer term. >Price, >Money, >Monetarism, >D. Hume._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconSmith I Adam Smith The Theory of Moral Sentiments London 2010 EconSmithV I Vernon L. Smith Rationality in Economics: Constructivist and Ecological Forms Cambridge 2009 Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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> Counter arguments in relation to Quantity Theory
