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Money in a Free Society: Keynes, Friedman, and the New Crisis in Capitalism
by Congdon, Tim | HC | Acceptable
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“Missing dust jacket; Readable copy. Pages may have considerable notes/highlighting. ~ ”... Read moreAbout condition
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- Buy it nowMoney in a Free Society: Keynes, Friedman, and the New Crisis in Capitalism
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Located in: Aurora, Illinois, United States
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eBay item number:196285022608
Item specifics
- Condition
- Acceptable
- Seller notes
- Binding
- Hardcover
- Weight
- 0 lbs
- Product Group
- Book
- IsTextBook
- No
- ISBN
- 9781594035241
- Book Title
- Money in a Free Society : Keynes, Friedman, and the New Crisis in Capitalism
- Item Length
- 9in
- Publisher
- Encounter Books
- Publication Year
- 2011
- Format
- Hardcover
- Language
- English
- Item Height
- 1.3in
- Genre
- Business & Economics, Political Science
- Topic
- Banks & Banking, Economics / Macroeconomics, Public Policy / Economic Policy, Economics / Theory, Money & Monetary Policy
- Item Width
- 6in
- Item Weight
- 0 Oz
- Number of Pages
- 486 Pages
About this product
Product Information
In the 15 years to mid-2007 the world economy enjoyed unparalleled stability (the so-called "Great Moderation"), with steady growth and low inflation. But the period since mid-2007 ("the Great Recession") has seen the worst macroeconomic turmoil since the 1930s. A dramatic plunge in trade, output and employment in late 2008 and 2009 has been followed by an unconvincing recovery. How is the lurch from stability to instability to be explained? What are the intellectual origins of the policy mistakes that led to the Great Recession? What theories motivated policies in the USA and other leading nations? Which ideas about economic policy have proved right? And which have been wrong? Money in a Free Society contains 18 provocative essays on these questions from Tim Congdon, an influential economic adviser to the Thatcher government in the UK and one of the world's leading monetary commentators. Congdon argues that academic economists and policy-makers have betrayed the intellectual legacy of both Keynes and Friedman. These two great economists believed - if in somewhat different ways - in the need for steady growth in the quantity of money. But Keynes has been misunderstood as advocating big rises in public spending and large budget deficits as the only way to defeat recession. That has led under President Obama to an unsustainable explosion in American public debt. Meanwhile the Fed has ignored extreme volatility in the rate of money growth, contrary to the central message of Friedman's analytical work. In his 1923 Tract on Monetary Reform Keynes said, "The Individualistic Capitalism of today, precisely because it entrusts saving to the individual investor and production to the individual employer, presumes a stable measuring-rod of value, and cannot be efficient--perhaps cannot survive--without one." In Money in a Free Society Congdon calls for a return to stable money growth and sound public finances, and argues that these remain the best answers to the problems facing modern capitalism.
Product Identifiers
Publisher
Encounter Books
ISBN-10
1594035245
ISBN-13
9781594035241
eBay Product ID (ePID)
92924178
Product Key Features
Book Title
Money in a Free Society : Keynes, Friedman, and the New Crisis in Capitalism
Format
Hardcover
Language
English
Topic
Banks & Banking, Economics / Macroeconomics, Public Policy / Economic Policy, Economics / Theory, Money & Monetary Policy
Publication Year
2011
Genre
Business & Economics, Political Science
Number of Pages
486 Pages
Dimensions
Item Length
9in
Item Height
1.3in
Item Width
6in
Item Weight
0 Oz
Additional Product Features
Lc Classification Number
Hg221.C74126 2011
Copyright Date
2011
Target Audience
Trade
Lccn
2010-046197
Dewey Decimal
339.5/2
Dewey Edition
22
Illustrated
Yes
Item description from the seller
Business seller information
Thrift Books Global, LLC
TB Thrift Books
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Seller assumes all responsibility for this listing.
eBay item number:196285022608
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Aurora, Illinois, United States
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| Postage and packaging | To | Service | Delivery*See Delivery notes |
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| Free postage | United States | Economy Shipping | Estimated between Wed, 29 May and Sat, 1 Jun to 43230 |
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