Book notes: The money minders, by Jagjit S Chadha
Jagjit S Chadha, The money minders: the parables, trade-offs and lags of central banking, Cambridge University Press 2022, February 2022, 230 pages
This profound yet entertaining book deserves a wide audience. It explains to non-specialists interested in practical macroeconomic policy the many theories that help shed partial (and often contradictory) light on what we call ‘money’. It should also be required reading for specialist monetary economists.
Money is not magic. Most policy problems
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