quantity theory

British  

noun

1. economics a theory stating that the general price level varies directly with the quantity of money in circulation and the velocity with which it is circulated, and inversely with the volume of production expressed by the total number of money transactions

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Example Sentences

Will Self burst onto the literary scene in 1991 with a collection of inventive and excessive short stories that was titled “The Quantity Theory of Insanity.”

From The Wall Street Journal

In 1991 Will Self disgorged himself on to the British literary scene with “The Quantity Theory of Insanity,” a book of short stories seething with misanthropy and logorrhea.

From The Wall Street Journal

“The Quantity Theory of Morality” is his 20th work of fiction: a novel in six parts that reprises several of his debut’s themes, with a contemporary twist.

From The Wall Street Journal

“The Quantity Theory of Morality” is a clever novel, rewarded by rereading.

From The Wall Street Journal

Quantity theory breaks down with Johnson.

From The Guardian