The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Monetary Cranks

  • David Clark
Reference work entry


The history of ideas tends to concentrate on the successful ideas – ideas which appear to have been precursors of the orthodoxy of the day. As a result, ideas which had large followings but which are later considered ‘cranky’ tend to be ignored. This is especially true of the ideas of those who we can loosely call the monetary cranks.


Douglas, C. H. Gold standard Monetary cranks Money supply Social credit Underconsumptionism 

JEL Classifications

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • David Clark
    • 1
  1. 1.