Monetary Policy and Politics: Rules Versus Discretion (Hardcover)

By 

George Macesich

  (Author)
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Monetary Policy and Politics: Rules Versus Discretion Book Description


Macesich's latest book argues that the poor performance of monetary policy can be attributed to the ease with which "money" slips into the political arena to become a singularly important political issue. Discretionary authority facilitates monetary manipulation for political ends, thereby increasing uncertainty and casting doubt on money, the monetary system, and indeed the monetary authority itself. The author traces the evolution of the debate over rules versus discretionary authority and discusses various methods that economists have proposed for constrain the monetary authority. If monetary policy is to be credible and thus successful, the hands of monetary policy makers are better tied than left free. This work by a noted authority on monetary theory and policy will interest economists in academia and the policy-making community.

About the Author :

George Macesich has contributed to Monetary Policy and Politics: Rules Versus Discretion as an author. GEORGE MACESICH is Professor of Economics and founding director of the Center for Yugoslav-American Studies, Research and Exchange at Florida State University. He is also author of over 30 books, including Monetary Policy and Politics (Praeger, 1992); Yugoslavia in the Age of Democracy (Praeger, 1992); World Debt and Stability (Praeger, 1991); Money Supply Process, with D. Dimitrijevic (Praeger, 1991); Monetary Policy and Rational Expectations (Praeger, 1987).

Book Details


Title: Monetary Policy and Politics: Rules Versus Discretion
Publisher: Praeger
Author: George Macesich
Edition: Hardcover
Language: English
ISBN:

0275943356

EAN:

9780275943356

No. of Pages: 176
Publish Date: 1992-10-23
Binding: Hardcover
Deliverable Countries: This product ships to Restricted International (Books).

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The book Monetary Policy and Politics: Rules Versus Discretion by George Macesich (author) is published or distributed by Praeger [0275943356, 9780275943356]. This particular edition was published on or around 1992-10-23 date. Monetary Policy and Politics: Rules Versus Discretion has Hardcover binding and this format has 176 number of pages of content for use. This book by George Macesich is written in English language.
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