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Thoughts and Details on the Fiscal Theory of the Price Level | Uneasy Money
https://uneasymoney.com/2024/07/21/thought-and-details-on-the-fiscal-theory-of-the-price-level/
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Tagged with:
adam smith
gold standard
bimetalism
chris sims
earl thompson
eric leeper
james tobin
The Fiscal Theory of the Price Level has been percolating among monetary theorists for over three decades: Eric Leeper being the first to offer a formalization of the idea, with Chris Sims and Mich…
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