Talk:Quantity theory of money
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[edit] Cofusing article
The criticism section needs some editing. Several different criticisms are all written together in one paragraph, and they are not clear to begin with. Also there should be an explanation of the difference between the old quantity theory of money and the modern one pionered by Milton Friedman.
How's this for a leftist slant: "For instance recent disinflation is less due to monetarist policies than to free trade and anti labor policies which boost profits while depriving labor of their pricing power."
[edit] Restructuring
I've restructured the article significantly. I am still not comfortable with it in-so-far as it presents a Friedmanite theory as the modern quantity theory, and in-so-far as the “Principles” subsection over-simplifies even that Friedmanite take. Also, I have not really gone over the criticism section, to ensure that it is logically well-group. Glancing at it, it seems to be padded by inefficiencies. —SlamDiego 16:31, 19 February 2007 (UTC)
