Getting the Measure of Money: A Critical Assessment of UK Monetary Indicators

Name: Getting the Measure of Money: A Critical Assessment of UK Monetary Indicators
Brand: Iea
SKU: 9780255367677
Price: 1339.0 INR
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by Anthony J. Evans

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ISBN13: 9780255367677
Binding: Paperback
Subject: N/A
Publisher: Iea
Publisher Imprint: Iea
Publication Date: February 15, 2019
Pages: 206
Original Price: USD 18.95
Language: English
Edition: 1
Item Weight: 227 grams
BISAC Subject(s): Money & Monetary Policy

About The Book

How much money is circulating in the United Kingdom? The question sounds simple. In fact, it is notoriously difficult to answer, because what counts as money is not a straightforward matter. A variety of measures have been advanced, and they tell different stories about the changing supply of money in an economy. These differences are of more than merely academic interest, because measures of the money supply are inputs to the decisions of central banks. Wrong answers can lead to wrong actions, with potentially devastating economic effects.

This book examines the measure of money and, in that light, the actions of the Bank of England in the lead up to the 2008 financial crisis and its aftermath. It is essential reading for anyone interested in money, measures of its quantity, and the relationship between the money supply and the economic cycle.

About The Author

Anthony J. Evans is Professor of Economics at ESCP Europe Business School. He has published in a range of academic and trade journals and is the author of Markets for Managers (Wiley, 2014). His work has been covered by most broadsheet newspapers, and he has appeared on Newsnight and the BBC World Service. He is part of the MOC Affiliate Faculty for the Institute for Strategy and Competitiveness at Harvard Business School, and is a member of the Institute of Economic Affairs' Shadow Monetary Policy Committee. He is a UEFA qualified soccer coach and lives in Hertfordshire with his wife and two children.

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