Brad DeLong, Money Velocity, and Local Economies

Pingree's Potato Patch
Studying the Economics of Detroit

In a recent blog posting, Brad DeLong has presented one of the clearest explanations of monetary velocity I've ever seen, and it incidentally serves as an extremely clear example of the kind of leverage that increasing local economic linkages can provide for boosting growth.

Categories: Blog, Bootstrapping


Santosh?25 October 2012, 08:00

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