David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Critical Review 8 (1):49-60 (1994)
In Monetary Sovereignty: The Political Economy of Central Banking in Western Europe, John Goodman argues that the experience of central banking in Germany, France, and Italy illustrates the importance of the degree of central bank independence from the political authorities, and that inflation was lower in Germany in large part because of the Bundesbank's greater independence. These conclusions are very similar to those reached in the economics literature. But the Bundesbank's record is not as impressive as Goodman suggests, and the failure of central banks to eliminate inflation has been extremely costly to western economies.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Charles A. E. Goodhart (1994). The Free Banking Challenge to Central Banks. Critical Review 8 (3):411-425.
George Selgin (1993). The Rationalization of Central Banks. Critical Review 7 (2-3):335-354.
Mark S. Copelovitch & David Andrew Singer, Financial Regulation, Monetary Policy, and Inflation in the Industrialized World.
Anna J. Schwartz (1993). Are Central Banks Necessary? Critical Review 7 (2-3):355-370.
George Selgin (1994). Are Banking Crises Free‐Market Phenomena? Critical Review 8 (4):591-608.
Krzysztof Brzechczyn (2009). The Distinctiveness of Central Europe in Light of the Cascadeness of the Historical Process. Poznan Studies in the Philosophy of the Sciences and the Humanities 97 (1):231-268.
Max Weber (1994). Weber: Political Writings. Cambridge University Press.
Stephen Bickham (1988). The Bishops' Pastoral: A New Theory of Justice. [REVIEW] Journal of Business Ethics 7 (6):437 - 443.
Emma Rothschild (2012). Values, Classical Political Economy and the Portuguese Empire. Journal of Economic Methodology 19 (2):109 - 119.
Carolyn Erdener (2011). Business Ethics as a Field of Teaching, Training, and Research in Central Asia. Journal of Business Ethics 104 (S1):7-18.
J. Metcalfe (2010). University and Business Relations: Connecting the Knowledge Economy. Minerva 48 (1):5-33.
Brigitte Young (2008). European Central Bank, Monetary Policy and the "Social Europe". In Anna G. Jónasdóttir & Kathleen B. Jones (eds.), The Political Interests of Gender Revisited: Redoing Theory and Research with a Feminist Face. United Nations University Press
Added to index2011-10-18
Total downloads2 ( #685,865 of 1,906,922 )
Recent downloads (6 months)1 ( #468,570 of 1,906,922 )
How can I increase my downloads?