Milton Friedman is beyond question the most famous living economist of the 20th century. He is closely associated with the doctrine of ‘monetarism’ which has been adopted by many governments around the world.

Philipp Maier offers a unique examination of the extent to which governments and various interest groups have exerted pressure on central banks. The book looks in particular at the Deutsche Bundesbank – which acted as the blueprint for the European Central Bank (ECB) – and utilises an...

In this book, well-known economists and policymakers look at the next step in the integration process for accession countries: accession to European Monetary Union (EMU). They debate which monetary and exchange rate strategies are optimal during the run-up to EMU, and consider the conflict that...

The editors of this important collection bring together a selection of previously published articles which outline the role of the money supply in the economic process from a Post Keynesian perspective, paying particular attention to the writings of Kaldor. The volume begins with literature...

This timely volume provides a second collection of Thomas Humphrey’s papers in the area of the history of economic thought and is a long-awaited companion to his critically acclaimed first volume of essays, Money, Banking and Inflation.

The Golden Constant is a unique examination of how gold’s purchasing power has remained consistent over the centuries. First published in 1977, this new edition has additional material to bring it up to date.

This insightful collection examines the intersection between macroeconomics and finance. The key challenge in this area is to find the right measure of ‘bad times’ (the marginal value of wealth) to explain some assets’ high average returns or low prices as compensation for those assets'...

This fully revised and updated edition of a seminal reference work provides a detailed chronological account of the development of European integration. The history of Economic and Monetary Union (EMU), which began immediately after World War II, is recounted in the form of a descriptive summary...