Getting the Measure of Money: A Critical Assessment of UK Monetary Indicators - Softcover

Evans ESCP Europe Business School, Anthony J.

Softcover

ISBN 10: 0255367678 ISBN 13: 9780255367677

Publisher: Institute Of Economic Affairs, 2019

Synopsis

How much money is circulating in the United Kingdom? The question sounds simple. In fact, it is notoriously difficult to answer, because what counts as money is not a straightforward matter. A variety of measures have been advanced, and they tell different stories about the changing supply of money in an economy. These differences are of more than merely academic interest, because measures of the money supply are inputs to the decisions of central banks. Wrong answers can lead to wrong actions, with potentially devastating economic effects.
This book examines the measure of money and, in that light, the actions of the Bank of England in the lead up to the 2008 financial crisis and its aftermath. It is essential reading for anyone interested in money, measures of its quantity, and the relationship between the money supply and the economic cycle.

About this title

About the Author:

Anthony J. Evans is Professor of Economics at ESCP Europe Business School. He has published in a range of academic and trade journals and is the author of Markets for Managers (Wiley, 2014). His work has been covered by most broadsheet newspapers, and he has appeared on Newsnight and the BBC World Service. He is part of the MOC Affiliate Faculty for the Institute for Strategy and Competitiveness at Harvard Business School, and is a member of the Institute of Economic Affairs’ Shadow Monetary Policy Committee. He is a UEFA qualified soccer coach and lives in Hertfordshire with his wife and two children.

About this edition

• Publisher: Institute Of Economic Affairs
• Publication date: 2019
• ISBN 10: 0255367678
• ISBN 13: 9780255367677
• Binding: Paperback
• Edition number: 1
• Number of pages: 206