Volkswirtschaftliche Schriften - 424: Der Stand und die nächste Zukunft der Geldforschung

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This collection explores various perspectives on monetary theory and its implications. Contributions include discussions on Hajo Riese's role as a monetary theorist and the challenges of monetary research. Key topics include the sociological aspects of money, the psychological impact of currency during the Weimar Republic, and the complexities of liquidity premium and interest rates. The text critiques Milton Friedman's optimal money supply and debates the indirect convertibility for price stability. It addresses the dichotomy of quantitative versus qualitative neutrality of money and examines the decline of the neutrality concept in neoclassical economics. Further analysis includes the crisis in Keynesian economics, Hicks' neo-Wicksellian approach, and the relationship between money, interest, and capital accumulation from various theoretical perspectives. The collection also investigates macroeconomic constraints, the role of liquidity preference, and the implications of saving within a monetary economy. Additionally, it discusses the international monetary system, European currency policies, and the impact of speculative views on currency unions. The relevance of development theories and the role of money in economic growth are also examined, alongside critiques of the International Monetary Fund's policies in developing regions. Overall, the text offers a comprehensive overview of contemporary monetary theory and its soci