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The Money Illusion: Market Monetarism, the Great Recession, and the Future of Monetary Policy free ebook download

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Finances and Money

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Author(s):	Scott Sumner

Date:	2021	Format:	epub	Language:	English	ISBN/ASIN:	022677368X
Pages:	392	OCR:		Quality:		ISBN13:
Uploader:	stirkout	Upload Date:	11/20/2021 3:41:52 PM

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Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? Its happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of this century.

Foregoing the usual relitigating of the problems of housing markets and banking crises, renowned monetary economist Scott Sumner argues that the Great Recession came down to one thing: nominal GDP, the sum of all nominal spending in the economy, which the Federal Reserve erred in allowing to plummet. is an end-to-end case for this school of thought, known as market monetarism, written by its leading voice in economics. Based almost entirely on standard macroeconomic concepts, this highly accessible text lays a groundwork for a simple yet fundamentally radical understanding of how monetary policy can work best: providing a stable environment for a market economy to flourish.
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3052566	Book	https://k2s.cc/file/f89e7153f9189/022677...		0.00	stirkout

Tags: Future Illusion Market Monetarism Monetary Money Policy Recession

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The Money Illusion: Market Monetarism, the Great Recession, and the Future of Monetary Policy free ebook download

Category: Finances and Money

Description: Click to see full description

Category:
Finances and Money