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|
|Summer 2020||Ideologies, Institutions, and Interests:Why Economic Ideas Dont Compete on a Level Playing Field|
|Fall 2018||Space Capitalism:How Humans Will Colonize Planets, Moons, and Asteroids|
|Spring 2018||The Political Economy of Public Debt:Three Centuries of Theory and Evidence|
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