Discuss the following statement: Friedmans critique of Keynesian liquidity preference theory, and especially of the Keynesian speculative

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Discuss the following statement: Friedman’s critique of Keynesian liquidity preference theory, and especially of the Keynesian speculative motive, is more concerned with the stability rather than with the interest elasticity of money demand.

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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Question Posted: Nov 12, 2024 03:00 AM

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Discuss the following statement: Friedmans critique of Keynesian liquidity preference theory, and especially of the Keynesian speculative

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Monetary Economics

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