In this paper I will argue that the institutional implementations that we commonly include in our monetary aggregates are actually more similar to the concept of monetary base. I will also argue that the institutional implementation of accounts payable operates as money. This slightly translated definition implies that a new monetary aggregate that includes accounts payable may be useful for co...

I magine if the late Slobodan Milosovic had donated to Kosovar refugee relief. Or the infamous and unrepentant Australian serial backpacker killer Ivan Milat had sent cheques to a victims of crime charity? In 2000, the SIDS (sudden infant death syndrome) Foundation in Australia was embarrassed by Philip Morris’s support for its Red Nose Day fundraiser, as smoking along with a prone sleeping pos...

A technic is described for collecting arterialized capillary blood in a small heparinized polyethylenecentrifuge tube. The pH is measuredafter dilution and injection into a BeckmanmicrobloodpH Assembly. Dilution of the blood with saline results in an averageincreaseof 0.027 pH units. This changein pH on dilution is eliminated by inclusionof calcium in the diluent. The pH of capillary blood draw...