0
Your cart

Your cart is empty

Books > Business & Economics > Economics > Macroeconomics > Monetary economics

Buy Now

Money and Democracy (Hardcover, New) Loot Price: R2,034
Discovery Miles 20 340
Money and Democracy (Hardcover, New): George Macesich

Money and Democracy (Hardcover, New)

George Macesich

 (sign in to rate)
Loot Price R2,034 Discovery Miles 20 340 | Repayment Terms: R191 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

In his latest work, Macesich examines democracy and its economic counterpart, the free market, and the place of money (monetary and fiscal policy as controlled by the state bureaucracy) in such a system. DeTocqueville warned in the first half of the 19th century that democracy could falter as a consequence of citizens' diminished interest in restraining central authority. And now, there is evidence that vote-maximizing behavior of politicians and politically induced cycles in such key variables as inflation, unemployment, government transfers, taxes and monetary growth have become a critical problem in American democracy. The author examines, then, how best to consider money, monetary policy and the monetary regime--increasingly a function of political/bureaucratic pressures--against the argument for a liberal, freely functioning trading world and for fully-employed, prosperous countries.

This study considers the constraints that must be placed on the exercise of discretionary authority by vote maximizing bureaucracies and political elites if democracy is to thrive and prosper. Satisfactory resolution of these issues is basic to reducing monetary uncertainty and stabilizing the long-term price level, according to Macesich. These issues are deeply rooted in traditional American ideology and experience, and the author makes this clear in weaving together historical, institutional, theoretical, philosophical, and empirical results in the case of money and monetary policy.

General

Imprint: Praeger Publishers Inc
Country of origin: United States
Release date: May 1990
First published: May 1990
Authors: George Macesich
Dimensions: 216 x 140 x 12mm (L x W x T)
Format: Hardcover
Pages: 184
Edition: New
ISBN-13: 978-0-275-93480-4
Categories: Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance > General
Promotions
LSN: 0-275-93480-2
Barcode: 9780275934804

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Monetary Economics
Ernie van der Merwe, Sandra Mollentze Paperback R690 Discovery Miles 6 900
The Deficit Myth - How To Build A Better…
Stephanie Kelton Paperback R350 R331 Discovery Miles 3 310
Creature from Jekyll Island
Edward G Griffin Paperback R1,301 Discovery Miles 13 010
The Future of the Euro
Matthias Matthijs, Mark Blyth Hardcover R3,582 Discovery Miles 35 820
Money in the Great Recession - Did a…
Tim Congdon Hardcover R3,284 Discovery Miles 32 840
Central Banks in the Age of the Euro…
Kenneth Dyson, Martin Marcussen Hardcover R4,135 Discovery Miles 41 350
Post-Keynesian Economics - New…
Marc Lavoie Paperback R1,681 Discovery Miles 16 810
The Creature from Jekyll Island - A…
G. Edward Griffin Hardcover R1,405 Discovery Miles 14 050
An Inquiry &C.
Henry Thornton Paperback R500 Discovery Miles 5 000
On the Regulation of Currencies - Being…
John Fullarton Paperback R501 Discovery Miles 5 010
An Inquiry Into the Currency Principle…
Thomas Tooke Paperback R421 Discovery Miles 4 210
Advanced Introduction to Central Banks…
Jakob de Haan, Christiaan Pattipeilohy Paperback R615 Discovery Miles 6 150

See more

Partners