{"product_id":"monetary-policy-and-politics-rules-versus-discretion-hardcover","title":"Monetary Policy and Politics: Rules Versus Discretion - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eGeorge Macesich\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eMacesich's latest book argues that the poor performance of monetary policy can be attributed to the ease with which money slips into the political arena to become a singularly important political issue. Discretionary authority facilitates monetary manipulation for political ends, thereby increasing uncertainty and casting doubt on money, the monetary system, and indeed the monetary authority itself. The author traces the evolution of the debate over rules versus discretionary authority and discusses various methods that economists have proposed for constrain the monetary authority. If monetary policy is to be credible and thus successful, the hands of monetary policy makers are better tied than left free. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThis work by a noted authority on monetary theory and policy will interest economists in academia and the policy-making community.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eGEORGE MACESICH is Professor of Economics and Director of the Center for Yugoslav-American Studies at Florida State University. He is the author of numerous books including \u003ci\u003eMoney and Democracy \u003c\/i\u003e(Praeger, 1990), Monetary Reform and Cooperation Theory (Praeger, 1989), and \u003ci\u003eMonetary Policy and Rational Expectations\u003c\/i\u003e (Praeger, 1987).\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 176\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.56 x 8.5 x 5.5 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 23, 1992\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":43153274503231,"sku":"9780275943356","price":135.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0105\/8226\/1823\/files\/M-v6HVLDJ-9780275943356.webp?v=1776945785","url":"https:\/\/dhl-adrianne.myshopify.com\/products\/monetary-policy-and-politics-rules-versus-discretion-hardcover","provider":"BBB","version":"1.0","type":"link"}