Hicks on monetary theory and history: money as endogenous money
阐释希克斯关于货币理论内生于历史的主张，强调动态序列分析中单期理论与延续理论的区分，对现代内生货币理论有借鉴意义。
Hicks was never tired of saying that monetary theory is in history. What he meant was that monetary theory is intrinsically related to real events, and more importantly that monetary issues need to be analysed in a dynamic sequential context in which time plays an essential part. He went on developing a particular sequential analysis: the study of what happens within a single period ('single-period theory') and the study of the linkages between a succession of those periods ('continuation theory'). It is suggested that this distinction provides a useful lesson for modern endogenous money theorists. Copyright 2004, Oxford University Press.