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
Monetary-disequilibrium theory Monetary-disequilibrium theory Monetary disequilibrium theory is a product of the Monetarist school and is mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium (disequilibrium) was, however, defined in terms of an individual's demand for cash balance by Mises (1912) in his "Theory of Money and Credit". Monetary disequilibrium is one of three theories of macroeconomic fluctuations which accord an important role to money, the others being the Austrian theory of the business cycle and one based on rational expectations. Leland Yeager's (1968) understanding of the monetary disequilibrium theory begins with fundamental properties