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Central Banking in the Modern World
  • Language: en
  • Pages: 328

Central Banking in the Modern World

'The book provides a good variety of articles capable of satisfying different readers regarding central banking.' - Eric Tymoigne, Journal of Economic Issues According to the New Consensus in monetary economics, monetarism is dead and central bankers target low inflation rates by acting upon short-term real rates of interest. Yet, this synthesis hinges on variants of the long-run vertical Phillips curve originally proposed by Milton Friedman, the father of old-line monetarism. Contributors to this volume question this New Consensus. While they agree that the money supply should be conceived as endogenous, they carefully examine the procedures pursued by central banks, the monetary policy transmission mechanisms suggested by central bankers themselves, and the assumptions imbedded in the New Consensus. They propose alternative analyses that clearly demonstrate the limits of modern central banking and point to the possible instability of monetary economies.

The Monetarists
  • Language: en
  • Pages: 651

The Monetarists

An essential origin story of modern society’s most influential economic doctrine. The Chicago School of economic thought has been subject to endless generalizations—and mischaracterizations—in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic theories born from decades of research and debate. The Monetarists is a deeply researched history of the monetary policies—and personalities—that codified the Chicago School of monetary thought from the 1930s through the 1960s. These policies can be characterized broadly as monetarism: the belief that prices and interest rates can be kept stable by controlling the amount ...

Credit, Money and Macroeconomic Policy
  • Language: en
  • Pages: 369

Credit, Money and Macroeconomic Policy

While some of the chapters address the recent crisis as well as adjustments to the Basel Accord, others analyze the required changes to the conduct of monetary and fiscal policies. The distinguished authors offer an in-depth and comprehensive analysis of macroeconomics and providealternative policies to deal with a number of persistent modern-day problems.

Money, Time and Rationality in Max Weber
  • Language: en
  • Pages: 175

Money, Time and Rationality in Max Weber

  • Type: Book
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  • Published: 2013-12-19
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  • Publisher: Routledge

This unique study into the roots of Max Weber's Political Economy, is an intriguing read and a valuable contribution to the Weberian literature. Parsons argues that Weber's analysis is highly influenced by the Austrian School of Economics and the relationship between his critique of centrally planned economies and that of Mises.

Men and the Making of Modern British Feminism
  • Language: en
  • Pages: 272

Men and the Making of Modern British Feminism

Men and the Making of Modern British Feminism calls fresh attention to the forgotten but foundational contributions of men to the creation of modern British feminism. Focusing on the revolutionary 1790s, the book introduces several dozen male reformers who insisted that women's emancipation would be key to the establishment of a truly just and rational society. These men proposed educational reforms, assisted women writers into print, and used their training in religion, medicine, history, and the law to challenge common assumptions about women's legal and political entitlements. This book uses men's engagement with women's rights as a platform to reconsider understandings of gender in eighteenth-century Britain, the meaning and legacy of feminism, and feminism's relationship more generally to traditions of radical reform and enlightenment.

In(ter)discipline
  • Language: en
  • Pages: 264

In(ter)discipline

  • Type: Book
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  • Published: 2007
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  • Publisher: MHRA

'Interdisciplinarity' has dynamised the Modern Humanities. Yet, this presents serious challenges involving both translation and affect. Another challenge concerns language. This book examines the routine to propose alternative languages.

The State of Interpretation of Keynes
  • Language: en
  • Pages: 258

The State of Interpretation of Keynes

Interest in John Maynard Keynes's economic, political and philosophical thinking has undergone a tremendous revival in the last decade. The essays and comments collected in this volume were written on a set of themes representative of the current state of interpretation of Keynes's thinking. Some of the topics investigated have received much attention in the past, and some are of more recent interest. In the former category are topics on standard issues in the interpretation of Keynes's economics: the transition in Keynes's thinking from the The Treatise on Money to The General Theory, the nature of the argument in The General Theory, and Keynes's economic policy views. The latter category introduces themes of a wider nature, and includes two papers on Keynes's vision and one on Keynes's philosophical thinking. The strategy adopted in the selection of topics was to review the debates over Keynes's economics from fresh perspectives, and then go on to supply discussions of broader issues concerning the nature of Keynes as a thinker. This collection as a whole adds to our general understanding of Keynes's work, and contributes to the current revival of interest in Keynes.

Including a Symposium on New Directions in Sraffa Scholarship
  • Language: en
  • Pages: 428

Including a Symposium on New Directions in Sraffa Scholarship

Volume 35B of Research in the History of Economic Thought and Methodology features a symposium on the economics of Piero Sraffa, guest edited by Scott Carter and Riccardo Bellofiore. It also features general research contributions from Masazumi Wakatabe, and co-authors Eugene Callahan and Andreas Hoffman.

Capital Theory, the Surplus Approach, and Effective Demand
  • Language: en
  • Pages: 555

Capital Theory, the Surplus Approach, and Effective Demand

This book presents a representative set of Pierangelo Garegnanis (1930-2011) works on the theory of value and distribution. It features a selection of essays, chosen by Garegnani himself, concerning central aspects of his work: first and foremost, the continuation and development of Piero Sraffa's effort to elaborate an alternative to the dominance of marginalist thought on the theory of value and distribution. Garegnani articulates and extends Sraffas contribution in two directions: the critique of marginalist theory with respect to the treatment of capital, and the reappraisal of the surplus approach to distribution proper to classical political economy. In turn, these two strands of analy...

Heterodox Analysis of Financial Crisis and Reform
  • Language: en
  • Pages: 193

Heterodox Analysis of Financial Crisis and Reform

The editors of this book have put together a compelling compendium of explanations and consequences of the global financial crisis. The essays are fairly homogeneous despite their apparent diversity, all providing a useful historical background. There is an obvious Institutionalist twist, with authors examining the changes in organizations and regulations that have accompanied the move towards financialization and money-manager capitalism. This analysis is often informed by the work of Hyman Minsky, pointing towards the inherent destabilizing forces of competition, as well as the dangers of deregulation, self-regulation, securitization, excess leverage, global imbalances, and the illusion of...