monetarism

nationality

Hungarian

occupation / innovator as

politician

economist

Member of the House of Lords

scientific organization

American Academy of Arts and Sciences

Hungarian Academy of Sciences

innovator in the field of

economics

university teacher

scientist

economy

is flawed in that it is grounded in an assumption that regards the money supply as the source of the demand for goods and services.

The basic error, which was widespread long before Friedman and the new monetarism, lies in the assumption that regards the money supply as the source of the demand for goods and services.

Nicholas Kaldor

Authors(0)

Nicholas KaldorThinkers

Nicholas Kaldor