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The Great Inflation: The Rebirth of Modern Central Banking (National Bureau of Economic Research Conference Report)
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Review
"Macroeconomists cannot run controlled experiments, but they can do a much better job of identifying and elucidating the extraordinary range of experiments that central banks have delivered. The Great Inflation is a terrific example." (EH.net 2013-12-16)“Regardless of one’s views, this volume is essential reading for academics and policymakers and its resonance for the problems that central banks and the fiscal authorities face today is very real.†(Journal of Economic History 2014-05-27)“A common theme in the book is the critical role that political and economic institutions can play in shaping a country’s inflation experience. The general view is that central banks have been less independent than commonly perceived and that political support for price stability is essential. . . . The thoughtful discussions of the various institutional arrangements and the uneven progress in some countries toward central bank independence are particularly interesting and perhaps the most compelling aspect of the book.” (Eastern Economic Journal 2015-04-23)
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About the Author
Michael D. Bordo is professor of economics at Rutgers, the State University of New Jersey, and a research associate of the NBER.
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Product details
Series: National Bureau of Economic Research Conference Report
Hardcover: 544 pages
Publisher: University of Chicago Press (June 28, 2013)
Language: English
ISBN-10: 9780226066950
ISBN-13: 978-0226066950
ASIN: 0226066959
Product Dimensions:
6 x 1.5 x 9 inches
Shipping Weight: 2 pounds (View shipping rates and policies)
Average Customer Review:
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Amazon Best Sellers Rank:
#3,817,054 in Books (See Top 100 in Books)
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