The challenger runs the risk that his objections, far from being accepted, will meet an impenetrable wall of skepticism and disbelief." Others just asses the way that Ahiakpor went on with his argument and give theirs opinion on this issue, as Joseph Aschheim and George Tavlas asserted in the introduction to their reply:.

             Ahiakpor presents an interesting assessment of Knut Wicksell's contributions to monetary economics. We welcome Ahiakpor's approval of Wicksell's contributions and we commend him for venturing to probe important elements of Wicksell's analysis. We do, however, encounter analytical difficulties in Ahiakpor's endeavor and we are therefore impelled to counsel caution in drawing comfort from the refreshingly thoughtful thrust of Ahiakpor's critique of Wicksell. .

             Ahiakpor in his essay goes onto the review of the classical theories of money, credit, interest and price level determination. After asserting the main issues of the classics such as: David Hume, Adam Smith, Henry Thornton, David Ricardo and others, he goes on by discussing Wicksell"s reactions to classical theories and his deviation from the Classics.

             He goes in with a long passage on the Wicksell"s reaction, which to his view summarizes Wicksell"s point of view:.

             IN HIS ATTEMPTED IMPROVEMENT OVER THE CLASSICAL QUANTITY THEORY of money in explaining changes in the price level, Wicksell also adopts the classical definition of money to be currency or specie. But he believes that several assumptions underlying the quantity theory bear no relation to reality: "The Theory provides a real explanation of this subject matter, and in a manner that is logically incontestable; but only on assumptions that unfortunately have little relation to practice, and in some respects none whatever" (Wicksell 1898, 41). These assumptions, according to him, include: .

             (a) "an almost completely individualistic system of holding cash balances.