Monetary Policies Revolutionize Economy, Impacting Wealth and Inflation
The article "Money and macroeconomics: the selected essays of David Laidler" covers various topics related to economics and money. It includes discussions on interest rates, demand for money, inflation, and macroeconomic models. The author explores concepts like permanent income, time preference, and the Phillips Curve. The research also delves into monetarist models, rational expectations, and flexible exchange rates. Overall, the essays provide insights into the complexities of money, wealth, and inflation in the economy.