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Argues that price stability is a 'common good' and that it is better in the hands of an independent central bank with a clear price stability mandate. This work deals with 3 issues: the meaning of 'price stability', the importance of stable money to the functioning of a market economy and the central bank's role in maintaining financial stability.
Price: £7.50
Pages: 53
Publisher: London Publishing Partnership
Imprint: IEA
Series: Institute of Economic Affairs: Occasional Papers
Publication Date:
20 May 2002
Trim Size: 5.12 X 7.87 in
ISBN: 9780255365284
Format: Paperback
BISACs:
