Title Od Adama Smitha do moderne monetarne teorije
Title (english) From Adam Smith to modern monetary theory
Author Tea Ukota
Mentor Dean Sinković (mentor)
Committee member Marinko Škare (predsjednik povjerenstva)
Granter University of Pula (Faculty of economics and tourism "Dr. Mijo Mirković") Pula
Defense date and country 2021-09-23, Croatia
Scientific / art field, discipline and subdiscipline SOCIAL SCIENCES Economics Finance
Abstract Adam Smith, poznatiji kao „Otac ekonomije“, u svojem je djelu „Bogatstvo naroda“ iznio svoja razmatranja i teorije koje su bile u skladu sa engleskom klasičnom političkom ekonomijom. Svojom je metaforom „Nevidljive ruke“ opisao nesvjesne poduhvate pojedinca koji nenamjerno mogu povoljno utjecati na ekonomsko stanje u državi. Joseph Schumpeter, iako je bio učenik neoklasične ekonomske škole, uspio je osmisliti vlastitu teoriju koja je naglašavala važnost inovacija za ostvarivanje prihoda. Što se tiče monetarne teorije Johna Keynesa , on je nastojao shvatiti razlog čuvanja kamatne ili ne kamatne imovine neke ekonomske jedinice ako je prihod istih manji od ostalih formi imovine. Sa druge strane, Milton Friedman zagovarao je ekonomski liberalizam. Svoje neslaganje sa kejnezijancima isticao je u svakoj situaciji jer je njihovo tumačenje uloge novca unutar ekonomske djelatnosti smatrao pogrešnim. Robert Lucas također se nije slagao sa Keynesovim učenjem. Istaknuo je da se fiskalnom politikom može pogoršati već postojeće loše stanje u državi. Svojim doprinosom makroekonomskoj teoriji nadahnuo je brojne druge ekonomiste „nobelovce“ poput F. Kydlanda i E. Prescotta. Monetarna teorija svoju „priliku“ dobila je neposredno sa pojavom COVID-19 pandemije. Ključni elementi MMT mogli bi biti od velike pomoći ako se upotrijebe na odgovarajući način.
Abstract (english) Adam Smith, better known as the "Father of Economics", in his work "The Wealth of Nations" presented his considerations and theories that were consistent with English classical political economy. With his metaphor "Invisible Hands", he described the unconscious endeavors of an individual that can inadvertently have a positive effect on the economic situation in the country. Joseph Schumpeter, although a student of the neoclassical school of economics, managed to devise his own theory that emphasized the importance of innovation for revenue generation. As for the monetary theory of John Keynes, he sought to understand the reason for keeping the interest or non-interest assets of an economic unit if the income of the same is less than other forms of assets. Milton Friedman, on the other hand, advocated economic liberalism. He emphasized his disagreement with the Keynesians in every situation because he considered their interpretation of the role of money within economic activity to be wrong. Robert Lucas also disagreed with Keynes' teaching. He pointed out that fiscal policy could worsen the already existing bad situation in the country. His contribution to macroeconomic theory has inspired many other Nobel laureates, such as F. Kydland and E. Prescott. Monetary theory gained its "opportunity" immediately with the appearance of the COVID-19 pandemic. The key elements of MMT could be very helpful if used appropriately.
Keywords
moderna monetarna teorija
John Maynard Keynes
COVID-19 pandemija
klasična škola
neoklasična škola
ekonomska povijest
Keywords (english)
modern monetary theory
John Maynard Keynes
COVID-19 pandemic
classical school
neoclassical school
economic history
Language croatian
URN:NBN urn:nbn:hr:137:731907
Study programme Title: Business Economics; Finance, Economics, Financial Management, Management and Entrepreneurship, Marketing Management, Business Informatics, Tourism; specializations in: Finance, Accounting and Auditing, Marketing Management, Management and Entrepreneurship, Tourism, Business Informatics, Financial Management, Informatics Management Course: Tourism Study programme type: university Study level: undergraduate Academic / professional title: sveučilišni/a prvostupnik/prvostupnica (baccalaureus/baccalaurea) ekonomije (sveučilišni/a prvostupnik/prvostupnica (baccalaureus/baccalaurea) ekonomije)
Type of resource Text
File origin Born digital
Access conditions Open access
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Created on 2021-09-23 10:41:33