Monetary policy for a competitive society / by Llowd W. Mints.

By: Material type: TextTextPublication details: New York : McGraw-Hill, 1950.Edition: First editionDescription: ix, 236 pages. 24 cmSubject(s): DDC classification:
  • 332.401
LOC classification:
  • HG 221 .M67 1950
Contents:
1. Stability and monetary policy -- 2. Two nonmonetary types of unemployment -- 3. The propensity to hoard and unemployment -- 4. Internal adjustments to international disturbances -- 5. Fixed versus flexible exchange rates -- 6. The guide for monetary action -- 7. The guide for monetary action (continued) -- 8. The implementation of monetary policy -- 9. The implementation of monetary policy (continued).
Summary: "The main thesis propounded by Professor Mints in this thoughtful and vigorously argued book can be summarised in two sentences. (1) The forces making for instability in a modern industrial society are not so powerful that they could not be held in check by a policy which is purely monetary in nature. (2) To be effective, such a policy must be embodied in a definite rule of action, whose enforcement is not subject to the discretion of any authority." -- From a review by D. H. Robertson in the American Economic Review Volume 41, Issue Number 3.
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Holdings
Item type Current library Collection Call number Status Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks The Karl H. Niebyl Collection HG 221 .M67 1950 (Browse shelf(Opens below)) Available NPML20070004

Includes index.

1. Stability and monetary policy -- 2. Two nonmonetary types of unemployment -- 3. The propensity to hoard and unemployment -- 4. Internal adjustments to international disturbances -- 5. Fixed versus flexible exchange rates -- 6. The guide for monetary action -- 7. The guide for monetary action (continued) -- 8. The implementation of monetary policy -- 9. The implementation of monetary policy (continued).

"The main thesis propounded by Professor Mints in this thoughtful and vigorously argued book can be summarised in two sentences. (1) The forces making for instability in a modern industrial society are not so powerful that they could not be held in check by a policy which is purely monetary in nature. (2) To be effective, such a policy must be embodied in a definite rule of action, whose enforcement is not subject to the discretion of any authority." -- From a review by D. H. Robertson in the American Economic Review Volume 41, Issue Number 3.

From the library of Karl and Elizabeth Niebyl.

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