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Monetary Policy and Central Banking: New Directions in Post-Keynesian Theory

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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 mone...