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Drawing on the work of influential monetary economists over the past centuries, the purpose of this paper is to present recent developments in the theory and practice of monetary policy, and assess the possibility that in the light of the recent financial crisis and Great Recession further...
Persistent link: https://www.econbiz.de/10010798992
Persistent link: https://www.econbiz.de/10010902867
This paper discusses the conventional view that the main cause of the current crisis is the accommodative monetary policy followed by Greenspan’s Fed in the early 2000s. It assesses the merits and the drawbacks of this view by looking at the close relationship between the role of monetary...
Persistent link: https://www.econbiz.de/10010859382
A review essay on John E. King, A History of Post Keynesian Economics Since 1936, Cheltenham (UK) and Northampton (MA), (USA), Edward Elgar, 2002, vii+316.
Persistent link: https://www.econbiz.de/10010930456