Some Political Economy of Monetary Rules
By Alexander William Salter
Political economy, especially analysis that emphasizes incentives and knowledge, can offer insights about which rules for monetary policy would best help to stabilize the macroeconomy and prevent disasters such as the recent financial crisis. It can also tell us something about which monetary rules are more likely to be implemented.
|Other Independent Review articles by Alexander William Salter|
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|Fall 2018||Space Capitalism: How Humans Will Colonize Planets, Moons, and Asteroids|
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