Lempira (Lenca ruler) in 1537. Historical accounts of Lempira differ. Antonio de Herrera y Tordesillas, whose account was published in "Historia general de los hechos de los castellanos ..." (1626), in Seville, Spain, identifies Lempira as a war captain appointed by Entipica, leader of the Cares, a named subgroup of the Lenca. Herrera reports that Lempira, whose name means something like "Lord of the Mountains" in Lenca, commanded over 30,000 soldiers from over 200 different Lenca towns. In 1537, there were widespread indigenous uprisings in Honduras, and the Cares were one group that revolted against Spanish rule. The Spaniards, on instruction from their
History of monetary policy in the United States that the central bank can stimulate aggregate demand in the short run, because a significant number of prices in the economy are fixed in the short run and firms will produce as many goods and services as are demanded (in the long run, however, money is neutral, as in the neoclassical model). There is also the Austrian School of economics, which includes Friedrich von Hayek and Ludwig von Mises's arguments, but most economists fall into either the Keynesian or neoclassical camps on this issue. History of monetary policy in the United States This article is about the history of monetary