Governments and their banks

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Chapter 1 in A Comparative History of Central Bank Behavior, 2022, pp 1-9 from Edward Elgar Publishing

Abstract: Central bankers are people, too, with interests, hopes, desires, and limited information derived from observations and experience. They are not completely immune from economic models and theories of public monetary policies, but it is too much to expect them, of all public employees, to be independent of interests, sometimes redundantly called special interests. This book is about the effects of interests, especially property and government, on monetary policy during monetary crises in the U.S. and U.K. the last two centuries.¬â€

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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