SKU:50803940331

Should We Have Faith in Central Banks?

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Should We Have Faith in Central Banks?Argues that price stability is a 'common good' and that it is better in the hands of an independent central bank with a clear price stability mandate. This work deals with 3 issues: the meaning of 'price stability', the importance of stable money to the functioning of a market economy and the central bank's role in maintaining financial stability.

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