Cover; Contents; Preface; Acknowledgements; 1. An Overview; Note; The Classical Theory of the Price Level; The Transmission Mechanism; The Classical Theory of the Cycle; The Theory of Monetary Policy; Concluding Comments; Notes; 3. The Neoclassical Theory of the Price Level: The Cambridge School and Fisher; Introduction; Notes; Introduction; The Nominal-Real Interest Rate Distinction; Money Wage Stickiness; The Marshallian Components of Hawtrey’s Cycle Theory; Hawtrey’s Theory of the Cycle; Concluding Comments; Notes; 5. Wicksell and the Quantity Theory; Introduction. Cost of Production and the Quantity TheoryCredit and the Velocity of Money; Interest Rates and Inflation; The Cumulative Process and the Quantity Theory; Empirical Evidence; Wicksell on the Cycle; Wicksell’s Legacy; Notes; 6. Neoclassical Monetary Theory and Monetary; Introduction; The Spread of Gold Monometallism; The Mechanics of Bimetallism; Arguments for Gold Monometallism; The International Dimension; Variations on Bimetallism; Indexation; Wicksell on Managed Money; Central Banking; Edgeworth on Banking; Concluding Comment; Notes; 7. A Summing Up; Notes; References; Name Index.