Controversies in Monetary Economics - 9781843768036

Controversies in Monetary EconomicsRevised Edition\nAuthor(s): John Smithin\nFormat: Paperback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781843768036, 978-1843768036\nSynopsis\nThis influential volume, which has been revised and updated for the twenty-first century, includes both new material and more detailed expositions of existing [url] so-called 'real' theories of business cycles and growth are prevalent in contemporary mainstream economics, Controversies in Monetary Economics suggests that those economists who have instinctively focused on monetary factors in explaining macroeconomic behaviour are more genuinely 'realistic'. The author combines an explanation of past and present monetary controversy with practical proposals for the conduct of monetary policy in the contemporary global economy. Several alternative approaches are discussed, ranging from the traditional quantity theory to post Keynesian theories of endo.