The causes of the Great Recession : a monetary interpretation
edited by Tim Congdon, CBE, Chief Executive, International Monetary Research Ltd
Contents: Part I: What were the causes of the Great Recession? -- Preface to part I / Tim Congdon -- 1. What were the causes of the Great Recession?: the mainstream approach vs. the monetary interpretation / Tim Congdon -- 2. The debate over 'quantitative easing' in the UK's Great Recession and afterwards / Tim Congdon -- 3. UK broad money growth and nominal spending during the Great Recession: an analysis of the money creation process and the role of money demand / Ryland Thomas -- 4. Have central banks forgotten about money?: the case of the European Central Bank, 1999 - 2014 / Juan E. Castañeda and Tim Congdon -- Part II: The financial system in the Great Recession: culprit or victim? -- Preface to part II / Tim Congdon -- 5. The impact of the New Regulatory Wisdom on banking, credit and money: good or bad? / Sir Adam Ridley -- 6. Why has monetary policy not worked as expected?: some interactions between financial regulation, credit and money / Charles Goodhart -- 7. The Basle rules and the banking system: an american perspective / Steve Hanke -- Part III: How should the Great Recession be viewed in monetary thought and history? -- Preface to part III / Tim Congdon -- 8. Monetary policy, asset prices and financial institutions? / Philip Booth -- 9. How would Keynes have analysed the Great Recession of 2008 and 2009? / Robert Skidelsky -- 10. Why Friedman and Schwartz's interpretation of the Great Depression still matters: reassessing the thesis of their 1963 Monetary History / David Laidler -- Index.