Money and the rule of law: generality and predictability in monetary institutions
Auteur :
Boettke, Peter J. / Salter, Alexander William / Smith, Daniel J.
Éditeur :
Cambridge University Press
ISBN :
9781108790840
Date de publication :
3 juin 2021
Dimensions :
23,0 x 15,0 x 1,3 cm
Poids :
310 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Working at the intersection of monetary economics and political economy, the authors of this volume develop novel arguments for why discretionary central banking is hard to reconcile with liberal democracy and doesn't actually solve or prevent financial crises. For that, we need rules, not discretion.Â