History of ideas: The Great Dollar Shortage debate between Friedman and Kindleberger
Amol Agrawal
Harris Dellas and George S. Tavlas in the Journal of Economic Perspectives discuss history of ideas in great dollar shortage debate: The dollar shortage debate—Paul Samuelson called it “the big open question of our time”—dominated international macroeconomics in the 15 years following the end of World War II. There were two main views regarding its […]