## Neoclassical Theory of Money (Monetary Issues): With Graphs, Equations & Formulas

Neoclassical Theory of Money (Monetary Issues): With Graphs, Equations & Formulas! Neoclassical theory of money has been developed as a part of reaction against the Keynesian revolution. Keynes repudiated the classical theory of full - employment equilibrium and demonstrated the possibility of less - than - full employment equilibrium. The counter - revolution which was initiated by Pigou in 1943, [...]