Broten, Nick
The Role of Monetary Policy (The Macat Library)
- ISBN 13:
- 9781912127368
- author:
- Broten, Nick
- format:
- Paperback
- publisher:
- Macat Library
- language:
- English
- Publication Year:
- 2017
- Pages:
- 104
- Dimensions:
- 19.81 x 12.9 x 0.56 centimetres
- Genre:
- Business, Economics, General
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
This 2017 analysis by Nick Broten and John Collins explores the role of monetary policy in shaping economic outcomes. A key work by one of the most influential economists of all time, Milton Friedman's ideas continue to shape government economic policies worldwide.
The book examines the relationship between monetary policy and the economy, including employment levels and inflation. It critiques the widely accepted 'Phillips Curve' theory, which posits that increased inflation leads to increased employment, and presents an alternative argument for what governmental monetary policy should aim to achieve.
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