Classical Keynesianism, Monetary Theory, and the Price Level

Since I wrote my small volume on A General Theory of the Price Level, etc., I have often been asked for a fuller statement of my views, or my attitude on various matters treated only briefly at that time….I hope that the collection of essays that are contained herein fill in many of these gaps and answer the major part of the queries that admit of such elaboration."
In my opinion there are two contending theories of the price level: that deriving from the Equation of Exchange in one or ano...