Cover image for Policy makers on policy the Mais lectures
Title:
Policy makers on policy the Mais lectures
Author:
Capie, Forrest.
ISBN:
9780203816707
Edition:
2nd ed.
Publication Information:
Abingdon, Oxon : Routledge, 2011.
Physical Description:
xix, 284 p. : ill.
Series:
Routledge international studies in money and banking ; 65

Routledge international studies in money and banking ; 65.
Contents:
1. Introduction : three decades of monetary policy / Forrest H. Capie and Geoffrey E. Wood -- 2. Reflections on the conduct of monetary policy / Gordon Richardson -- 3. Objectives of monetary policy : past and present / Lord Robbins of Clare Market -- 4. The fight against inflation / Geoffrey Howe -- 5. The instruments of monetary policy / Robin Leigh-Pemberton -- 6. Monetary policy : practice ahead of theory / Mervyn King -- 7. Monetary policy in Britain and Europe / Eddie George -- 8. Financial and monetary integration : benefits, opportunities and pitfalls / Hans Tietmeyer -- 9. Reflections on European monetary policy / Ernst Welteke -- 10. The ECB and the euro : the first five years / Otmar Issing -- 11. The process of European financial integration / Jean-Claude Trichet -- 12. The British experiment / Nigel Lawson -- 13. The economic framework for New Labour / Tony Blair -- 14. The conditions for full employment / Gordon Brown -- 15. Maintaining stability in a global economy / Alistair Darling -- 16. A new economic model / George Osborne -- 17. Benefits and costs : securing the future of social security / Peter Lilley -- 18. The changing world of work in the 1990s / Kenneth Clarke -- 19. Some presumptions of economic liberalism / Samuel Brittan -- 20. Markets, governments and virtues / Jonathan Sacks.
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Summary

Summary

Monetary policy is still one of the most contested areas of modern economics, yet since the original publication of Policy Makers on Policymuch has changed. This new edition collects contributions from leading policy makers and practitioners to reflect on the aims and objectives of monetary policy and on what it can achieve, combining the old chapters from the likes of Gordon Brown, Tony Blair, Kenneth Clarke, Geoffrey Howe and Nigel Lawson with new perspectives from Mervyn King, Jean-Claude Trichet, Ernst Welteke, Otmar Issing, and Alastair Darling.

A new far reaching introduction from the editors Forrest Capie and Geoffrey Wood put these important contributions to the discussion of economic policy in the new context. They look at what lessons can be learnt from these earlier discussions, what anticipations of present difficulties can be found in them and what, in other words, does the comparatively recent past teach us about how to deal with the turbulent present.

The second edition of Policy Makers on Policybrings together otherwise inaccessible commentaries and reflections on policy by those involved in making it, along with a commentary on and context for their remarks. Thus the book will be of great interest and use to students of economics, politics, and indeed anyone with an interest in current economic developments and their roots in the past.