Monetary policy as economic warfare - Yannis Varoufakis, Adults in the Room: My Battle With Europe's Deep Establishment, London, Bodley Head, 2017, 550 pp., £14.99 (pbk), ISBN 978-1-847-92446-9
At least since the publication of ‘Rules rather than discretion’ by Nobel Prize winners Kydland and Prescott (1977), an undisputed principle in monetary economics is that central bankers should be politically independent. Politicians have an electoral incentive to jack-up the money supply to finance...
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| Format: | Article |
| Language: | English |
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Cambridge University Press
2017-01-01
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| Series: | Finance and Society |
| Online Access: | https://www.cambridge.org/core/product/identifier/S2059599900000431/type/journal_article |