The Future of Money
| Author | : | |
| Rating | : | 4.26 (655 Votes) |
| Asin | : | 0691116660 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2016-10-31 |
| Language | : | English |
DESCRIPTION:
Is globalization leading us toward a world of fewer and fewer currencies and, consequently, simplified monetary management? Many specialists believe this is the case, as the territorial monopolies national governments have long claimed over money appears to be eroding. First, fiscal policy should be resurrected as a tool of macroeconomic management, to offset the present-day erosion in the effectiveness of monetary policy. First, whereas most scholarly work evaluates strategic options individually or in comparison to just one other alternative, this model emphasizes the three-dimensional nature of the decisions involved. In The Future of Money, Benjamin Cohen argues that this view--which he calls the "Contraction Contention"--is wrong. Second, the International Monetary Fund should more actively help coordinate the decentralized
Like most of Cohen's scholarship, this book displays the author's remarkable facility with the vast breadth of issues, theories, puzzles, and esoterica associated with monetary matters, as well as a confident command of monetary policy and history."--Jonathan Kirshner, Perspectives on Politics. Cooper, Foreign Affairs"Cohen has produced yet another excellent volume on the political economy of international monetary affairs. "An informative discussion of various currency arrangements, from exclusive reliance on a national currency to bimonetarism to the adoption of foreign currency as official legal tender, touching on both academic and practical arguments for eac
"A decent introduction to what's going on with the world's money" according to Guido Bartolucci. I'm not an economist so I might be rating this book higher or lower than someone who knows this stuff, but for the lay person it was a pretty good read. One thing to note up front is that this is more of an academic book than the normal pop-econ books that most of us are used to seeing. The paragraph. A Good Read! Rolf Dobelli This book is a thoughtful, amply documented reflection on the future of currency. The dollar, euro and yen dominate the global monetary order, with the dollar now unrivaled at the top and unlikely to be threatened in the future. The countries that issue lesser currencies face a trade-off between mone. Rolf Dobelli said A Good Read!. This book is a thoughtful, amply documented reflection on the future of currency. The dollar, euro and yen dominate the global monetary order, with the dollar now unrivaled at the top and unlikely to be threatened in the future. The countries that issue lesser currencies face a trade-off between mone