Description
Book SynopsisWherever there is money, there is money politics-a subject demanding ever greater attention at a time when monetary policies lead and the real economy follows. A principal defining characteristic of the contemporary global economy, Jonathan Kirshner contends, is the rise and preeminence of monetary phenomenainternational financial crises, Central Bank Independence and inflation fighting, the creation of the euro, and monetary reform in emerging economies, to name only a few. Moreover, unlike most debates in political economy (such as those regarding trade policy), which are generally recognized as political, monetary phenomena and macroeconomic policies are typically represented as expressly apolitical. In Monetary Orders, a distinguished group of scholars explores the inescapable political origins of choices about money.
The essays in Monetary Orders each address a specific issue or puzzle relating to money and its management. Their authors focus on marke
Trade Review
Monetary Orders is a must read for anyone interested in the political economy of global money and finance.... In substantive terms it is cutting edge, providing a valuable guide to the the thinking of the latest generation of specialists in the field.
-- Benjamin J. Cohen, University of California at Santa Barbara * Perspectives on Politics *