Thursday, September 5, 2013

The wage-fund doctrine kind of reminds me of market monetarism. Is that crazy?

Posted by dkuehn at 11:07 PM

1 comment:

  1. Blue AuroraSeptember 6, 2013 at 1:37 AM

    I don't think so, Daniel...many instances of recurring or similar ideas popping up across different periods can be found throughout intellectual history.

    I talked with Current and a few others about what I perceived as an uncanny resemblance between the Real Bills Doctrine and Post-Keynesian formulations of "Endogenous Money" on this blog some time ago.

    http://factsandotherstubbornthings.blogspot.com/2013/05/a-thought-on-minsky-and-rothbard-that.html?showComment=1369905368141#c6106101841211835453

    I also shared my thoughts with J.P. Koning, who seemed to agree with my observation.

    http://jpkoning.blogspot.com/2013/06/real-or-unreal-sorting-out-various-real.html?showComment=1371289940264

    Even David Glasner seemed to agree with me.

    http://uneasymoney.com/2013/08/01/my-milton-friedman-problem/#comment-21366

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