Money and Democracy
- List Price: $108.00
- Binding: Hardcover
- Publisher: Praeger Publishers
- Publish date: 05/01/1990
Description:
As DeTocqueville warned that democracy could falter as a consequence of citizens' diminished interest in restraining central authority, there is evidence that vote-maximizing behavior of politicians and politically induced cycles in such key variables as inflation, unemployment, government transfers, taxes and monetary growth have become a critical problem in American democracy. The author examines, then, how best to consider money, monetary policy and the monetary regime--increasingly a function of political/bureaucratic pressures--against the argument for a liberal, freely functioning trading world and for fully employed, prosperous countries.
Expand description
Please Wait