Rational Voters Stabilise Money |
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| Authors: | Charles Goodhart |
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| Institution: | Charles Goodhart is the Norman Sosnow Professor of Banking and Finance at the London School of Economics for 17 years he was monetary economist at the Bank of England, becoming its Chief Adviser in 1980 He was a Fellow of Trinity College, Cambridge, an Adviser to the Department of Economic Affairs and a Lecturer in Economics at the LSE He is author of a number of books and articles on monetary issues, both analytical and empirical He is currents realising a textbook Money Information and uncertaints on contron porary monetary economics |
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| Abstract: | Professor Charles Goodhart of the London School of Economics reinforces Professor Currie's sceplicism about the 'Standard' on the ground that, since there are no laws against indexed units of account, their absence from the financial marketindicates a preference for goverment-backed monies. |
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