||||'David Gowland, guru and myth-dispeller on monetary economics, has become "the authority" to many teachers concerning has monetary policy works ... The exposition is enviably lucid ...' - The Times Educational Supplement |'This blend of historical s
Intended as a successor to Monetary Policy and Credit Control (Croom Helm, 1978; Routledge Revivals, 2013), this book, first published in 1982 with a revised edition in 1984, traces the changes in approach to monetary control in the U.K. throughout the 1970s, and the consequences for policy and the British economy. The book considers the widely-publicised proposals for ‘reserve base’ or ‘monetary base’ control of the financial sy...
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