The article "Further Essays in Monetary Economics" discusses various aspects of monetary theory, international monetary theory, and the international monetary crisis. It explores recent developments in monetary theory, the Keynesian Revolution, problems of efficiency in monetary management, and the optimal money supply. The researchers also delve into international monetary issues such as economic policy in a world of capital mobility, the international monetary system, and the case for flexible exchange rates. Key findings include the importance of flexible exchange rates, the monetary approach to balance-of-payments theory, and the challenges of European monetary union. Additionally, the article presents a 'Monetarist' view on inflation and addresses problems of stabilization policy in an integrated world economy.