THE MAIN MODEL OF QUANTITY THEORY OF MONEY: HISTORY OF DEVELOPMENT AND MODERN PROBLEMS OF USING
Journal: Science and world (Vol.1, No. 12)Publication Date: 2014-08-15
Authors : Gumerov M.F.;
Page : 20-22
Keywords : Quantity theory of money; economic mathematic modeling; inflation stimulating of economics; keynesian economics; monetarism; money emission.;
Abstract
The article is devoted to the retrospective and phenomenological analyses of quantity theory of money as a scientific stream, which had the greatest influence on the creation of modern global financial system. The objects of exploration are the sources of this theory and its modern state, as a stream, which uses economic mathematical instruments actively. The object of the analyses is also the experience of practical realization of these theories in the programs of state regulating economics and money movement offered by two the greatest specialists in this field oh the 20th century ? J. M. Keynes and M. Friedman. The influence of these programs on modern economics is valued.
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Last modified: 2015-09-11 21:28:15