Argues that price stability is a 'common good' and that it is better in the hands of an independent central bank with a clear price stability mandate. This work deals with 3 issues: the meaning of 'price stability', the importance of stable money to the functioning of a market economy and the central bank's role in maintaining financial stability.
- Limba : Engleza
- Data Publicarii : 20 May 2002
- Format : Hardback
- Numar pagini : 55
- ISBN : 9780255365284