Transcription of PUZZLES OF INFLATION, MONEY, AND DEBT APPLYING THE …
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PUZZLES OF INFLATION, MONEY, AND DEBT APPLYING THE …
PUZZLES OF INFLATION, MONEY, AND DEBT APPLYING THE FISCAL THEORY OF THE PRICE LEVELCFA INSTITUTE RESEARCH FOUNDATION / BRIEFTHOMAS S. COLEMAN, BRYAN J. OLIVER, AND LAURENCE B. SIEGELA meritechAnonymousRobert D. ArnottTheodore R. Aronson, CFAA sahi Mutual Life Insurance CompanyBatterymarch Financial ManagementBoston CompanyBoston Partners Asset Management, P. Brinson, CFAB rinson Partners, Group International, Capital ManagementDai-Ichi Life Insurance CompanyDaiwa SecuritiesMr. and Mrs. Jeffrey DiermeierGifford Fong AssociatesJohn A. Gunn, CFAI nvestment Counsel Association of America, Levy Equity ManagementJon L. Hagler FoundationLong-Term Credit Bank of Japan, , Jones & Ryan, LLCM eiji Mutual Life Insurance CompanyMiller Anderson & Sherrerd, LLPJohn B.
Classical monetary theory—originally enunci-ated by David Ricardo (1817) and John Stuart Mill (1848, for example); developed by Irving Fisher (1928, for example) and John Maynard Keynes (1936, for example); and substantially revised and extended by the neoclassical econo-mists Milton Friedman, Anna Schwartz (see
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