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Item Details
Title: POLICY STABILITY AND ECONOMIC GROWTH
LESSONS FROM THE GREAT RECESSION
By: John B. Taylor
Format: Paperback

List price: £10.00
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ISBN 10: 0255367198
ISBN 13: 9780255367196
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Publisher: INSTITUTE OF ECONOMIC AFFAIRS
Pub. date: 11 February, 2016
Series: Readings in Political Economy 5
Pages: 112
Description: John Taylor is one of the foremost economists of our generation.This book presents Taylor's view of the financial crisis and its aftermath.
Synopsis: John Taylor is one of the foremost economists of our generation. His ideas were implemented in central banks across the world during the period of price stability, economic growth and financial stability that followed the 1980s. This period culminated in the financial crisis of 2008 which was followed by a very slow recovery which, seven years on, can hardly be said to be complete. This book presents Taylor's view of the financial crisis and its aftermath.Taylor argues that deviating from strict policy rules, both before and since the crisis, contributed to the events of 2008-13 and, especially, the very slow recovery in national income after the financial crisis. Furthermore, in other areas of government activity, such as regulation and law-making more generally, instability is being created, which is very bad for the economy.
Publication: UK
Imprint: Institute of Economic Affairs
Returns: Returnable
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