The Monetary Economics of Henry Meulen
评估了亨利·莫伊伦的货币理论,他是新货币经济学和现代自由银行学派的重要先驱,其理论虽有原创性但存在缺陷,对选择条款、法律限制等有深刻见解,但也持有错误观点。
This paper assesses the monetary of Henry Meulen, one of the more important forerunners of the new monetary economics and the modern free banking school. Meulen's monetary was original though flawed. He had important insights into the option clause, the impact of legal restrictions, the separation of monetary functions, the credit cycle, and financial history, but his analysis was sometimes confused and he subscribed to the fallacious antibullionist version of the real-bills doctrine. Copyright 1992 by Ohio State University Press.