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Should We Have Faith in Central Banks Book
Argues that price stability is a 'common good' and that it is better in the hands of an independent central bank with a clear price stability mandate. This work deals with 3 issues: the meaning of 'price stability', the importance of stable money to the functioning of a market economy and the central bank's role in maintaining financial stability.Read More
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Blackwell
Central bank independence is now in vogue because of previous experience of politicisation of monetary policy. But can the central bankers be trusted more than the politicians?In this Occasional Paper, Professor Otmar Issing, the leading monetary...
- 0255365284
- 9780255365284
- Otmar Issing
- 20 May 2002
- Institute of Economic Affairs
- Paperback (Book)
- 55
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