| Description |
1 online resource (xiii, 244 pages) |
| Contents |
Some Unsettled Questions in Monetary Macroeconomics / Steven Pressman and John Smithin -- Should the Implementation of Monetary Policy Be subject to rules? / Martin Watts and George Pantelopoulos -- Rules Are Meant to Be Broken: Arguments in Favour of Discretionary Monetary Policy / Sarah F. Small and Bhavya Sinha -- How and When to Balance the Government Budget / Steven Pressman -- The National Debt Is Irrelevant: Some Unsettling Questions Regarding Government Budget Deficits / David Barrows -- What is the Sign of the Balanced Budget Multiplier? / John Smithin -- Taxes Are Deflationary and Can Be Used as a Deflationary Tool / Joelle Leclaire -- The Ambiguous Effects of Targeting Current Account Surpluses / Nina Eichacker -- Does a Current-Account Deficit Indicate Bad Economic Policy? / William Scarth -- The Case for Fixed Exchange Rate Regimes: What for and in What Form? / Adrien Faudot and Nikolay Nenovsky -- In Defence of Flexible Exchange Rates in a Small Open Capitalist Economy / Eric Kam |
| Summary |
This edited volume presents the key unresolved debates in monetary macroeconomics, covering the five topics of budget, trade, taxes, exchange rates and monetary policy. For each topic, there are two authors---one arguing for a certain policy and one against. The book takes an approach eschewing mathematics or econometrics, instead presenting arguments in the spirit of political economy - while incorporating the most recent thinking in macroeconomics. This approach, combined with the objective of encouraging debate, makes the book ideal reading for students of monetary macroeconomics, researchers seeking alternative views, and the general public |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Macroeconomics.
|
|
Monetary policy.
|
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Economic policy.
|
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Economic policy
|
|
Macroeconomics
|
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Monetary policy
|
| Form |
Electronic book
|
| Author |
Pressman, Steven, editor
|
|
Smithin, John, editor
|
| ISBN |
9783031112409 |
|
3031112407 |
|
