Market Monetarism: Roadmap to Economic Prosperity - Softcover

Nunes, Marcus; Cole, Benjamin Mark

Softcover

ISBN 10: 148207382X ISBN 13: 9781482073829

Publisher: CreateSpace Independent Publishing Platform, 2013

Synopsis

Market Monetarism – Roadmap to Economic Prosperity takes readers though a succinct, entertaining and accessible history of United States monetary policy in the postwar era, and how the Federal Reserve Board propelled the nation into The Great Inflation (think 1960s-1970s), a brief Volcker Transition (early 1980s), then a pleasant sojourn to The Great Moderation (mid-1980s-2007), before a trip to The Great Recession (2008--). Abundant charts clearly and amply illustrate monetary and economic events. The concepts of Market Monetarism and nominal GDP targeting are also introduced, which provide a policy framework for the Federal Reserve Board and other central bankers to avoid future inflationary and recessionary traps.

About this title

About the Author:

Marcus Nunes is an economist, teacher and business consultant. Benjamin Mark Cole is a financial journalist

Review:

"This book is a charter for nominal GDP targeting, a proposal of increasing importance in top economic policy-making circles. Intellectual excitement and enthusiasm for ideas ooze from every page."
Tim Congdon, author of Money in a Free Society, is the economic correspondent of Standpoint Magazine and head of International Monetary Research, Ltd.

"Marcus Nunes and Benjamin Cole provide a tour de force of Market Monetarism that is both informative and compelling."
David Beckworth, editor of Boom and Bust Banking - Causes and Cures of the Great Recession is Assistant Professor of Economics at Western Kentucky University in Bowling Green. Blogs at Macro and other Market Musings.

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2013
• ISBN 10: 148207382X
• ISBN 13: 9781482073829
• Binding: Paperback
• Edition number: 1
• Number of pages: 124