Has the economic and financial crisis changed the way we conduct
monetary policy? Is quantitative easing consistent with the
endogeneity of money? These are but two of the questions this new
book explores. The various contributors offer interesting and new
perspectives on the conduct of monetary policy during the crisis,
and provide sharp criticism of central bank policies in the US and
Europe. Divided into two parts, this book presents a detailed,
multi-faceted analysis of banking and monetary policy. The first
part examines the role of central banks within an endogenous money
framework. These chapters address post-Keynesian interest rate
policy, monetary mercantilism, financial market organization and
developing economies. In the second part of the book, the focus
switches to the analysis of the financial crisis that began in
2007. The chapters in this section discuss the role of central
banks in times of crisis. Monetary Policy and Central Banking is a
must read for all those interested in the critical analysis of
monetary policy. Students and scholars of post-Keynesian economics,
banking, and financial crises will find this book of particular
relevance. Contributors: A. Asensio, J. Bibow, R. Dimand, R.
Guttmann, E. Kam, R. Koehn, M. Lavoie, E. Le Heron, N. Levy-Orlik,
W. Mosler, S. Olawoye, L.-P. Rochon, M. Seccareccia, M.
Setterfield, J. Smithin, D. Tropeano, K. von Seekamm
General
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