Book description
This work challenges traditional monetary theory by focusing on the role of banks and provides a new insight into the role played by bank money and capital accumulation. An international team of contributors reappraise analyses of the inflation and unemployment developed by Marshall, Keynes and Robertson. This volume is published…
Why read it?
1 author picked Inflation and Unemployment as one of their favorite books. Why do they recommend it?
I am especially fond of this book because I edited it with a dear friend of mine, Prof. Mauro Baranzini, who, despite our different analytical backgrounds has always supported and encouraged my research in monetary macroeconomics.
The book lays the foundations for a fruitful collaboration among economists who share the same objective: to explain satisfactorily and comprehensively the disequilibria hampering the smooth development of our economies.
The works presented in this volume are a serious attempt to clarify the terms of the problem of inflation and unemployment.
They must be seen as contributions to building a modern theory of monetary…
From Alvaro's list on monetary macroeconomics.
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