Central Banks, Democratic States and Financial Power

ISBN-13: 9781107552340 / Angielski / Miękka / 2018 / 474 str.

Jocelyn Pixley

Opis

Assesses central bank policies towards capitalist money creation and war finance against inflationary and deflationary class strengths in specific democracies

Recenzje

'Providing rich historical context, Pixley examines the origins and evolution of central banks in democratic states - particularly the Federal Reserve in the US - and their inextricable connections to other economic and political players from the early 20th century to this day, revealing the fundamentally social nature of money. … The culmination of decades of reflection and writing, this deeply knowledgeable book makes a valuable contribution not only to economic sociology but also to political economy and historical sociology, placing central banks in a rich historical context.' J. Li, Choice

Spis treści

1. Who wanted central banks?; 2. War finance, private banks, shared monetary sovereignty; 3. Peace finance in bankers' ramps, 1920s–1930s; 4. Central banks, democratic hopes, 1930s–1970s; 5. Vietnam War, dollar float and Nixon; 6. The great inflation scare of Phillips curve myths; 7. Pseudo-independent central banks and inflation target prisons; 8. The state of monetary sovereignty; 9. Searching for the absurd in central banking.