Edward Elgar Publishing Edward Elgar - The Political Economy of Central Banking

Explore the deep connection between monetary policy and political power with The Political Economy of Central Banking: Contested Control and the Power of Finance. This collection of selected essays by Gerald Epstein offers a unique perspective on how central banks operate within a political framework. While many economists focus solely on stabilization policy, Epstein's work addresses the underlying political realities that shape economic decision-making. Barry Eichengreen from the University of California, Berkeley, notes that this work serves as a necessary reminder to consider the political aspects of central banking. This book is an essential resource for those studying economics, finance, and the power dynamics of global monetary systems. It provides a detailed look at the contested control and the influence of finance in the modern era, making it a valuable addition to any academic or professional library focused on economic conditions and policy.