论现代货币政策的理论基础  

The Theoretical Basis of Modern Monetary Policy

作　　者：李彬 孙思怡 Li Bin;Sun Siyi(Academy of Marxism,Chinese Academy of Social Sciences;School of Economics,Renmin University of China)

机构地区：[1]中国社会科学院马克思主义研究院 [2]中国人民大学经济学院

出　　处：《政治经济学评论》2022年第5期188-201,共14页China Review of Political Economy

基　　金：国家社会科学基金“马克思经济学在中国特色社会主义政治经济学理论体系构建中的指导作用研究”(项目批准号:20BJL001);“北京高校中国特色社会主义理论研究协同创新中心(中国政法大学)”资助。

摘　　要：现代货币政策的理论基础可以追溯到货币数量论,但在马克思主义政治经济学视野下,无论古典货币数量论,还是现代货币数量论,本质上都是脱离生产过程的货币现象分析。因此,以货币数量论为基础的现代货币政策存在忽略国民经济比例关系的局限性。长期大力度使用这种政策,不仅很难获得预期的政策效果,反而加重经济结构失衡,使宏观调控陷入两难境地。本文在考察现代货币政策理论源头的基础上,认为以劳动价值论思维制定和实施的货币政策可以有效提高货币政策的使用效果。The theoretical basis of modern monetary policy can be traced back to the quantity theory of money.However, in the perspective of Marxist political economy, both the classical quantity theory of money and the modern quantity theory of money are essentially the analysis of monetary phenomena without gerard to the production process.Therefore, modern monetary policy based on the quantity theory of money has the limitation of ignoring the proportional relationships of national economy.Long-term and vigorous use of such policy will not only hardly achieve the expected policy effect, but will also aggravate the imbalance of economic structure and take macro-control into a dilemma.Based on the investigation of the origin of modern monetary policy theory, this paper holds that the monetary policy formulated and implemented by the labor theory of value can effectively improve the effect of monetary policy.

关 键 词：货币理论 货币数量论 货币政策 马克思主义货币理论 

分 类 号：F820[经济管理—财政学]