Best Seller The Government of Money

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The Government of Money High quality books

The Government of Money
By:Peter Andrew Johnson
Published on 1998 by Cornell University Press

In recent years governments have increasingly given their central banks the freedom to pursue policies of price stability. In particular, the German Bundesbank and the U.S. Federal Reserve have been widely considered models of autonomous policymaking. This book traces the origins of their success to the political struggle to adopt monetarism in Germany and the United States. The Government of Money contends that the political involvement of monetarist economists was central to this endeavor. The book examines the initiatives undertaken by monetarists from 1970 to 1985 and the policies that resulted once their ideas were enacted. Taking a historical approach to major issues of political economy, Peter A. Johnson describes both the political efforts of the monetarist economists to convert central banks to their preferred policies and the resistance offered by traditionalist central bankers, politicians, and financial and labor interests. Johnson concludes that monetarist ideas succeeded in part because their supporters convincingly claimed that price stability would promote political stability. He thereby challenges important assumptions about politics and policymaking in both countries and reveals the often hidden influence of monetary policy on the health of capitalist democracies.

This Book was ranked at 21 by Google Books for keyword Easy money policy.

Book ID of The Government of Money's Books is 1kQyehr3mQwC, Book which was written byPeter Andrew Johnsonhave ETAG "lKAyZAqDsD8"

Book which was published by Cornell University Press since 1998 have ISBNs, ISBN 13 Code is 9780801428357 and ISBN 10 Code is 0801428351

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Book which have "240 Pages" is Printed at BOOK under CategoryPolitical Science

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