An electronic copy of book is available for Library Members Sign in to view the book
Arestis and Sawyer critique mainstream macroeconomic orthodoxy and argue for rethinking the roles of monetary and fiscal policy in modern economies. They discuss limitations of inflation-targeting regimes and central-bank dominance and advocate for coordinated, active fiscal policy alongside monetary tools — especially in the face of financial instability, unemployment, and structural economic change.
Sub Title:
Edition:
Volume:
Publisher: Edward Elgar Publishing
Publishing Year: 2004
ISBN: 978-1-84376-583-2
Pages: 216