2004•Edward Elgar Publishing eBooksRequires access

Re-examining Monetary and Fiscal Policy for the 21st Century

Philip Arestis, Malcolm Sawyer

Abstract

This book provides a much-needed re-examination of monetary and fiscal policies, their application in the real world and their potential for macroeconomic policy in the 21st century. It provides a detailed discussion and critique of the ‘new consensus' in macroeconomics along with the monetary and fiscal policies encapsulated within it.

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Key concepts: Fiscal policy, Monetary policy, Economics, Macroeconomics, Keynesian economics, Monetary economics