03041nam 2200637 a 450 991088220090332120200520144314.01-281-60675-897866137874601-59403-544-X(CKB)2550000000064712(EBL)793920(OCoLC)759807609(SSID)ssj0000539242(PQKBManifestationID)12197848(PQKBTitleCode)TC0000539242(PQKBWorkID)10568954(PQKB)10188111(MiAaPQ)EBC793920(EXLCZ)99255000000006471220101104d2011 uy 0engurcnu||||||||txtccrMoney in a free society Keynes, Friedman, and the new crisis in capitalism /by Tim Congdon1st ed.New York Encounter Booksc20111 online resource (681 p.)Description based upon print version of record.1-59403-524-5 Includes bibliographical references and index.Were the Keynesians loyal followers of Keynes? -- What was Keynes' best book? -- Keynes, the Keynesians and the exchange rate -- Keynes, Bernanke and Krugman, and the pathologies of capitalism -- Did Britain have a "Keynesian revolution"? -- Keynesianism, monetarism, and two concepts of the output gap -- Was the UK's great moderation due to Keynesianism, monetarism or what? -- Friedman (1948), Friedman (1996) and the effectiveness of fiscal policy in the USA -- Does fiscal policy matter? (2nd essay should be the times article) -- British and American monetarism compared -- Do changes in the quantity of money smother fiscal policy? -- The political economy of monetarism.In the 15 years to mid-2007 the world economy enjoyed unparalleled stability (the so-called ?Great Moderation"), with steady growth and low inflation. But the period since mid-2007 (?the Great Recession") has seen the worst macroeconomic turmoil since the 1930's. A dramatic plunge in trade, output and employment in late 2008 and 2009 has been followed by an unconvincing recovery. How is the lurch from stability to instability to be explained? What are the intellectual origins of the policy mistakes that led to the Great Recession? What theories motivated policies in the USA and other leadMoneyQuantity theory of moneyFiscal policyBanks and bankingMacroeconomicsKeynesian economicsMoney.Quantity theory of money.Fiscal policy.Banks and banking.Macroeconomics.Keynesian economics.339.5/2Congdon Tim127106MiAaPQMiAaPQMiAaPQBOOK9910882200903321Money in a free society4209655UNINA