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This volume contains a series of sometimes controversial reflections on money and the conduct of monetary policy by eight distinguished economic analysts and practitioners.
The development of monetary theory, C.A.E.Goodhart; in defence of monetarism, K.Alec Chrystal; credit, broad money and the economy, Tim Congdon; monetarism and stagflation, Brian Reading; structural change in the British financial system, David T.Llewellyn; money in international trade, Alan W.Clements; money, measurement and accounting, Michael Bromwich and Christopher Noke.