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Books > History > History of specific subjects > Economic history
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Controversies in Monetary Economics - Revised Edition (Hardcover, 2nd Revised edition)
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Controversies in Monetary Economics - Revised Edition (Hardcover, 2nd Revised edition)
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This influential volume, which has been revised and updated for the
twenty-first century, includes both new material and more detailed
expositions of existing arguments. Although so-called 'real'
theories of business cycles and growth are prevalent in
contemporary mainstream economics, Controversies in Monetary
Economics suggests that those economists who have instinctively
focused on monetary factors in explaining macroeconomic behaviour
are more genuinely 'realistic'. The author combines an explanation
of past and present monetary controversy with practical proposals
for the conduct of monetary policy in the contemporary global
economy. Several alternative approaches are discussed, ranging from
the traditional quantity theory to post Keynesian theories of
endogenous money. This insightful book will be of interest to all
those concerned with monetary economics and macroeconomics,
including academic researchers, graduate and senior undergraduate
students - particularly those looking for an alternative to current
economic orthodoxy - and historians of economic thought.
Practitioners in central banks, international financial
institutions, the financial markets and finance ministries will
also find this work invaluable.
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