Book notes: Money in the Great Recession, by Tim Congdon
A stimulating collection of papers on the monetarist theory that had central bankers in late 2008 focused on boosting the quantity of broad money “the Great Recession would not have happened”
Tim Congdon (ed), Money in the Great Recession: Did a Crash in Money Growth Cause the Global Slump? (Buckingham Studies in Money, Banking and Central Banking series), Edward Elgar Publishing, 2017, 288 pages
For decades Tim Congdon has championed ‘monetarist’ thinking in the UK, even as it first came into fashion and then passed, fairly decisively, out of fashion again. In this stimulating collection of papers, edited by Congdon and including several papers of which he is author or co-author
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