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Routledge Monetary Policy and Macroeconomic Stabilization - Routledge

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£151.23 £125.31 £130.97 £136.62 £142.28 £147.93 £153.59 25 July 2026 12 August 2026 30 August 2026 17 September 2026 06 October 2026
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Price levels: 2 different prices over 74 days

Description

Monetary Policy and Macroeconomic Stabilization offers a fundamental review and critique of activist economic policies, providing a unique contribution to classical political economy. This Routledge publication examines macroeconomic stabilization policy with emphasis on the value of distinct national monetary policy to economic growth. The author argues that public officials should exercise restraint in their policy pursuits, advocating that informed policy-making requires knowing the limits of intervention. Drawing from the history of modern macroeconomics beginning with Keynes' General Theory of Employment, Interest and Money, this book presents a thoughtful exploration of sacrifice ratios, optimum currency areas, and labour market adjustment mechanisms. It serves as essential reading for economists, policymakers, and academics seeking to understand the theoretical foundations and practical implications of monetary policy decisions in stabilizing economies.

Key Features

Routledge publication offering a comprehensive review of macroeconomic stabilization policy and its effectiveness.

Examines the critical importance of national monetary policy independence for supporting long-term economic growth.

Explores optimum currency areas, sacrifice ratios, and labour market adjustment as key components of monetary policy strategy.

Rooted in classical political economy, the book presents arguments for policy restraint and careful economic intervention.

Traces the history of modern macroeconomics from Keynes' foundational work to contemporary policy debates.

Essential resource for economists, policymakers, and students studying monetary theory and macroeconomic stabilization.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
15 August 2008
Listed Since
12 November 2007

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