Monetary Theory And Monetary Policy
The Selected essays of karl brunner volume Two
Edited by Thomas Lys, John L. and Helen Kellogg Distinguished Associate Professor of Accounting and Information Systems, J.L. Kellogg Graduate School of Management, Northwestern University, US
Hardback £94.00 on-line price £84.60
Series: Economists of the Twentieth Century series
Monetary Theory and Monetary Policy is the second collection of essays by Karl Brunner – one of the most prominent monetary economists of the twentieth century. It demonstrates the importance of economic analysis for the development of appropriate economic policies.
Contents: Introduction (A.H. Meltzer) 1. Conversation with a Monetarist 2. Has Monetarism Failed? 3. Monetary Policy and Monetary Order 4. The ‘Four Disciplines’ and the ‘Two Encouragements’: Comments on President Carter’s Anti-inflation Program 5. Selected Shadow Open Market Committee Position Papers, 1979–87 6. The Drift into Persistent Inflation 7. Deficits, Interest Rates, and Monetary Policy 8. Technological Change: Challenge and Consequences 9. Will the Fred ever see its ‘Shadow’? 10. The Disarray in Macroeconomics 11. High-powered Money and the Monetary Base 12. Money Supply 13. The Pragmatic and Intellectual Tradition of Monetary Policymaking and the International Monetary Order 14. Is ‘Supply-side Economics’ Enough? 15. The Case Against Monetary Activism Index