Book notes: A guide to good money, by Brendan Brown and Robert Pringle

The authors make some good points even if one does not agree with this full-bodied attack on Keynesian economics and inflation targeting

A guide to good money, by Brendan Brown and Robert Pringle
Andrey Lobachev/shutterstock, MPanchenko/shutterstock

Brendan Brown and Robert Pringle, A guide to good money: beyond the illusions of asset inflation, Palgrave Macmillan, September 2022, 283 pages

This is not a normal economics book. Instead, it represents a frontal, full-bodied attack on mainstream Keynesian economics from an Austrian/monetarist point of view. The main premise of the book is that the private sector economy is inherently self-stabilising. Instead, all the major recessions and crises, the authors claim, have “emerged from episodes

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