The Nature of the Money Supply: Comments on Basil Moore’s Theory
Basil Moore at recent work develops his conception of endogenous money. Into
the implications, understand that his theory present incongruencies in relation to some parts
the Keynes’ theory. This paper presents commentaries about horizontalist view, focalizing
the incompatibility between liquidity preference and endogenous money, aimed for Moore.
KEYWORDS: Money supply; money endogeneity; post-Keynesianism; history of economic
thought; Basil Moore.
JEL Classification: E12; E51; E42.
Keywords: Money supply money endogeneity post-Keynesianism history of economic thought Basil Moore