The government of money : monetarism in Germany and the United States

The Resource The government of money : monetarism in Germany and the United States

Label

The government of money : monetarism in Germany and the United States

Title remainder

monetarism in Germany and the United States

Statement of responsibility

Peter A. Johnson

Language

eng

Summary

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

Cataloging source

N$T

Index

index present

Literary form

non fiction

Nature of contents

Series statement

Cornell studies in political economy

Context

Context of The government of money : monetarism in Germany and the United States

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