Why Do Economists Argue 'for' of 'against' Government's Roles in a Monetary System?

This paper examines works of F. Hayek and M. Friedman on monetary and financial policies. This paper highlights their differences, and asks what yielded them. It also shows there exists a gap between young Hayek and old Hayek, which cannot be explained in terms of his view on monetary theories. It f...

Full description

Bibliographic Details
Main Author: Shin, In seok
Format: Article
Language:English
Published: Korea Development Institute 2005-12-01
Series:KDI Journal of Economic Policy
Subjects:
Online Access:https://doi.org/10.23895/kdijep.2005.27.2.1