LEADER 04771nam 22006495 450 001 9910633927403321 005 20251009101442.0 010 $a9783031112409 010 $a3031112407 024 7 $a10.1007/978-3-031-11240-9 035 $a(MiAaPQ)EBC7150615 035 $a(Au-PeEL)EBL7150615 035 $a(CKB)25510404800041 035 $a(OCoLC)1352967764 035 $a(DE-He213)978-3-031-11240-9 035 $a(EXLCZ)9925510404800041 100 $a20221130d2022 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aDebates in Monetary Macroeconomics $eTackling Some Unsettled Questions /$fedited by Steven Pressman, John Smithin 205 $a1st ed. 2022. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2022. 215 $a1 online resource (249 pages) 311 08$aPrint version: Pressman, Steven Debates in Monetary Macroeconomics Cham : Springer International Publishing AG,c2023 9783031112393 320 $aIncludes bibliographical references. 327 $a1. Introduction - Pressman and Smithin -- I. Budget -- 2. Keynes after Piketty: Some Unsettling Questions Regarding Government Budget Deficits - Steven Pressman -- 3. Some Unsettling Questions Regarding Government Budget Deficits: The National Debt is Irrelevant - David Barrows -- II. Trade -- 4. The Ambiguous Effects of Pursuing Current Account Surpluses - Nina Eichacker -- 5. Does a Current Account Deficit Indicate Bad Economic Policy? - William Scarth -- III. Taxes -- 6. How Taxes Can Be Used as a Deflationary Tool - Joelle Leclaire -- 7. What is the Sign of the Balanced-Budget Multiplier? - John Smithin -- IV. Exchange Rates -- 8. A Modern Defence of Flexible Exchange Rates and Monetary Policy Rules - Eric Kam and Mohammed Moshin -- 9. The Case for Fixed Exchange Rates Regimes: What For and in What Form? - Adrien Faudot -- V. Monetary Policy -- 10. Should the Implementation of Monetary Policy Be Subject to Rules? - Martin Watts and George Pantelopolous -- 11. Rules Are (Sometimes) Meant to Be Broken: Arguments in Favor of Discretionary Monetary Policy - Sarah F. Small. 330 $aThis edited volume presents the key unresolved debates in monetary macroeconomics, covering the five topics of budget, trade, taxes, exchange rates and monetary policy. For each topic, there are two authors ? one arguing for a certain policy and one against. The book takes an approach eschewing mathematics or econometrics, instead presenting arguments in the spirit of political economy - while incorporating the most recent thinking in macroeconomics. This approach, combined with the objective of encouraging debate, makes the book ideal reading for students of monetary macroeconomics, researchers seeking alternative views, and the general public. Steven Pressman is Adjunct Professor of Economics at the New School for Social Research in New York, and Professor Emeritus of Economics and Finance at Monmouth University in West Long Branch, New Jersey. In addition, he serves as Associate Editor of the Review of Political Economy. For over two decades he served as Book Review Editor and Associate Editor of the Eastern Economic Journal as well as the Treasurer of the Eastern Economic Association, and has served as President of the Association for Social Economics. John Smithin is Professor Emeritus and Senior Scholar at York University, Toronto, and Executive Co-Director and Fellow of the Aurora Philosophy Institute. He previously held teaching appointments at the University of Calgary, and Lanchester Polytechnic at Coventry (now Coventry University) in England. In the academic year 1995-96 he was elected Bye Fellow at Robinson College, Cambridge. 606 $aMacroeconomics 606 $aEconomics 606 $aEconomics$xHistory 606 $aEconomic policy 606 $aMacroeconomics and Monetary Economics 606 $aPolitical Economy and Economic Systems 606 $aHistory of Economic Thought and Methodology 606 $aEconomic Policy 615 0$aMacroeconomics. 615 0$aEconomics. 615 0$aEconomics$xHistory. 615 0$aEconomic policy. 615 14$aMacroeconomics and Monetary Economics. 615 24$aPolitical Economy and Economic Systems. 615 24$aHistory of Economic Thought and Methodology. 615 24$aEconomic Policy. 676 $a338.9 676 $a339.53 702 $aPressman$b Steven$f1955- 702 $aSmithin$b John 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910633927403321 996 $aDebates in monetary macroeconomics$93090287 997 $aUNINA