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Quantity theory in action.
"I've been working on the quantity theory.
See Friedman's obituary, quantity theory of money.
In the 19th century the quantity theory contributed to the ascendancy of free trade over protectionism.
WILL SELF published his first book of short stories, "The Quantity Theory of Insanity", in 1991.
and dubbed this view an "atrophied and rigid caricature" of the quantity theory.
The naive quantity theory model that will be explained here may be labelled the money model.
This is the celebrated quantity theory, going back at least as far as David Hume in the 18th century.
Quantity theory of money, economic theory relating changes in the price levels to changes in the quantity of money.
The quantity theory came under attack during the 1930s, when monetary expansion seemed ineffective in combating deflation.
The other set of fallacies, of which I fear the influence, arises out of a crude economic doctrine commonly known as the quantity theory of money.
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