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On the Neutrality of Money Or the Story of Anacharsis the Scythian

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Ökonomie in Theorie und Praxis

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Zusammenfassung

Economists have developed important assumptions which isolate large fields of analysis from one another. This is essential for the organisation of research in a discipline ever more split up into highly specialised subdisciplines. The scholar in long-run „real“ macroeconomics need not follow in detail what people in monetary economics do, because, due to the long-run neutrality of money, purely financial developments need not concern him. Another such isolating assumption has been, since John St.Mill, the dichotomy between distribution and efficiency (or production), though we feel a little more uneasy with this cleavage today. One might even suggest that perfect competition or complete information are above all such assumptions isolating subdisciplines.

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Authors
  1. Erich W. Streissler
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Editors and Affiliations

  1. Prinz-Eugen-Straß 20, 1040, Wien, Österreich

    Günther Chaloupek

  2. Österreichisches Institut für Wirtschaftsforschung, Arsenal Objekt 20, 1103, Wien, Österreich

    Alois Guger

  3. EIB, 100, Boulevard Konrad Adenauer, 2950, Luxemburg, Deutschland

    Ewald Nowotny

  4. Universität Magdeburg, 39016, Magdeburg, Deutschland

    Gerhard Schwödiauer (Lehrstuhl für Volkswirtschaftslehre II) (Lehrstuhl für Volkswirtschaftslehre II)

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Streissler, E.W. (2002). On the Neutrality of Money Or the Story of Anacharsis the Scythian. In: Chaloupek, G., Guger, A., Nowotny, E., Schwödiauer, G. (eds) Ökonomie in Theorie und Praxis. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-56073-6_22

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  • DOI: https://doi.org/10.1007/978-3-642-56073-6_22

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  • Print ISBN: 978-3-642-62671-5

  • Online ISBN: 978-3-642-56073-6

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