"The Theory of Monetary Institutions" analyzes the often overlooked
- but fundamental - questions about monetary policy regimes:
How and why have monetary institutions evolved into their present
forms?
What are the leading arguments for and against government
involvement in money and banking?
What models do we have for explaining how monetary authorities
choose to behave in a discretionary fiat money regime, and how well
do they fit?
What alternatives to the current regime are available, and how
would they work?
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