EbookBell.com

Most ebook files are in PDF format, so you can easily read them using various software such as Foxit Reader or directly on the Google Chrome browser.
Some ebook files are released by publishers in other formats such as .awz, .mobi, .epub, .fb2, etc. You may need to install specific software to read these formats on mobile/PC, such as Calibre.

Please read the tutorial at this link: https://ebookbell.com/faq

We offer FREE conversion to the popular formats you request; however, this may take some time. Therefore, right after payment, please email us, and we will try to provide the service as quickly as possible.

For some exceptional file formats or broken links (if any), please refrain from opening any disputes. Instead, email us first, and we will try to assist within a maximum of 6 hours.

EbookBell Team

Money And The Rule Of Law Generality And Predictability In Monetary Institutions Peter J Boettke

Name: Money And The Rule Of Law Generality And Predictability In Monetary Institutions Peter J Boettke
SKU: BELL-38658698
Price: 31.00 USD
Availability: InStock
Rating: 5 (60 reviews)

SKU: BELL-38658698

$ 31.00 ~~$ 45.00~~ (-31%)

5.0

60 reviews

Money And The Rule Of Law Generality And Predictability In Monetary Institutions Peter J Boettke instant download after payment.

Publisher: Cambridge University Press

File Extension: PDF

File size: 1.63 MB

Pages: 256

Author: Peter J. Boettke, Alexander William Salter, Daniel J. Smith

ISBN: 9781108479844, 1108479847

Language: English

Year: 2021

Product desciption

Money And The Rule Of Law Generality And Predictability In Monetary Institutions Peter J Boettke by Peter J. Boettke, Alexander William Salter, Daniel J. Smith 9781108479844, 1108479847 instant download after payment.

Contemporary monetary institutions are flawed at a foundational level. The reigning paradigm in monetary policy holds up constrained discretion as the preferred operating framework for central banks. But no matter how smart or well-intentioned are central bankers, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. Furthermore, central bank discretion implicitly violates the basic jurisprudential norms of liberal democracy. Drawing on a wide body of scholarship, this volume presents a novel argument in favor of embedding monetary institutions into a rule of law framework. The authors argue for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. A rule of law approach to monetary policy would remedy the flaws that resulted in misguided monetary responses to the 2007-8 financial crisis and the COVID-19 pandemic. Understanding the case for true monetary rules is the first step toward creating more stable monetary institutions.