Monetary orthodoxy and heterodoxy: the question of currency neutrality

The paper reviews the controversies on the neutrality/non-neutrality of money in the History of Economic Thought establishing criteria for the classification of orthodoxy and heterodoxy, especially in what concerns monetary issues. The article emphasizes the non-neutrality of money on the perspectiv...

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Detalhes bibliográficos
Autor: Mollo, Maria de Lourdes Rollemberg
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2004
País:Brasil
Recursos:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/750
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/750
Access Level:acceso abierto
Palavra-chave:Currency
neutrality of money
non-neutrality of money
monetary orthodoxy
monetary heterodoxy
Moeda
neutralidade da moeda
não neutralidade da moeda
ortodoxia monetária
heterodoxia monetária
Descrição
Resumo:The paper reviews the controversies on the neutrality/non-neutrality of money in the History of Economic Thought establishing criteria for the classification of orthodoxy and heterodoxy, especially in what concerns monetary issues. The article emphasizes the non-neutrality of money on the perspective of the Marxian monetary theory of inflation, making its point on the differences of the Monetarist theory of inflation. JEL Classification: E4; E5; E11; E12; E40; E50.