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Money, Interest, and Prices

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Monetary Theory and Thought

Abstract

Twenty-five years after the publication of the definitive second edition of Money, Interest, and Prices (MIP) and thirty-four years since the thirty-four year old author published the first edition, we meet to honour Don Patinkin. We will honour him most in discussing his major scientific work — its contents, its impact, and its contributions — by trying to emulate the objectivity and careful scrutiny to which Patinkin subjects the work of others.1

This paper was written when I was on leave from MIT, as Chief Economist at the World Bank. I am grateful for comments on an earlier draft by Peter Howitt, Lawrence Klein, David Laidler and Paul Samuelson, and for assistance from Peter Pedroni and Gunnar Eskeland of the World Bank.

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© 1993 Haim Barkai, Stanley Fischer and Nissan Liviatan

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Fischer, S. (1993). Money, Interest, and Prices. In: Barkai, H., Fischer, S., Liviatan, N. (eds) Monetary Theory and Thought. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12535-7_2

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