| Post-Keynesian economics | |
|---|---|
| Nationality | Canada |
| Influenced | Steve Keen |
| Contributions | Endogenous money theory |
Basil Moore is a Canadian Post-Keynesian economist, most known for developing and promoting endogenous money theory, particularly the proposition that the money supply curve is horizontal, rather than upward sloping, a proposition known as horizontalism. He has been the most vocal proponent of this theory.[1]
Moore had a distinguished academic career at Wesleyan University in Middletown, Connecticut and is professor emeritus at the University.[2][3] During his long tenure there, he maintained an association with the University of Stellenbosch in South Africa, "where he is now Professor Extraordinary of Economics."[4][5]
Contents |
Moore emphasizes the mechanics of credit creation, particularly lines of credit extended by banks to large corporations.