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Subject:
Re: SHOE: DISC--The real bills doctrine
From:
David Hammes <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Wed, 1 Apr 2009 17:34:26 -0400
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Pat Gunning and others interested in the inflationary tendencies 
under a real bills regime (and other aspects of the real balance 
doctrine) should read Thomas Humphrey's papers on the topic, probably 
a good start:
The Real Bills Doctine, Economic Review (of Richmond Fed FRB), 
Sept/Oct. 1982, available at:

<http://www.richmondfed.org/publications/research/economic_review/1982/pdf/er680501.pdf>http://www.richmondfed.org/publications/research/economic_review/1982/pdf/er680501.pdf

David Hammes

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