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The Great Inflation: The Rebirth of Modern Central Banking - Bordo, Michael D. (Editor), and Orphanides, Athanasios (Editor)
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Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources. This volume focuses on understanding the causes of the Great Inflation of the 1970s and '80s, which saw rising inflation in many nations and propelled interest rates across the developing world into the double digits. Ever since, the immediate cause of the period's ...

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The Great Inflation: The Rebirth of Modern Central Banking 2013, University of Chicago Press

ISBN-13: 9780226066950

Hardcover