Walter Bagehot And The Open Money Supply Approach To Monetary Theory

Walter Bagehot And The Open Money Supply Approach To Monetary Theory

by Porcelluzzi Antonella Anna

Paperback

$107.00
Choose Expedited Shipping at checkout for guaranteed delivery by Tuesday, October 29

Overview

The Bank of England keeps the secret for making money remain money.
Walter Bagehot described the BoE's successful monetary policy already in 1873, in his well and widely known "Lombard Street"; which is erroneously considered as the work of a politician,
not relevant in academic money-theory terms and not concerned with the general question of money demand and supply.
The orthodoxy of contemporary liberal monetary theory finally impedes other central banks, i.e.
central banks in less developed countries, in having a good understanding and application of money management and finance. It is time to let the work of Bagehot get relevance at a monetary theory level,
since it is able to base successful money management.

Product Details

ISBN-13: 9783639020007
Publisher: VDM Verlag
Publication date: 03/25/2009
Pages: 268
Product dimensions: 0.61(w) x 9.00(h) x 6.00(d)

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews