The Development of the New Monetary Economics
回顾经济思想史，考察“新货币经济学”的先驱，强调金融中介监管对货币制度安排的影响，并指出这些早期思想对现代货币理论仍有价值。
This paper looks into the history of economic thought to examine the forerunners of the "new monetary economics." This approach emphasizes the role of regulations on private financial intermediation in determining the particular institutional arrangements that contemporary monetary theory treats as data. The "new view" investigates the possibility that under laissez-faire the unit of account and means of payment, traditionally bundled together in the item called "money, " may become separated. The earlier writers who share this perspective have been overlooked by historians of economic thought as well as by recent contributors to the new monetary economics. Many of the insights of these theorists are relevant to modern monetary theory. Copyright 1987 by University of Chicago Press.