Should We Have Faith In Central Banks

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.

• | By (Author): Otmar Issing
• | Series:
• | Publisher: Institute of Economic Affairs
• | Publication Date: May 20, 2002
• | Country of Publication: United Kingdom
• | Number of Pages: 55 pages
• | Language: Not available
• | Binding: Hardback
• | ISBN-10: 0255365284
• | ISBN-13: 9780255365284