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Central Banking in Theory and Practice (Lionel Robbins Lectures) Paperback – January 29, 1999
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Based on the 1996 Lionel Robbins Lectures, this readable book deals succinctly, in a nontechnical manner, with a wide variety of issues in monetary policy. The book also includes the author's suggested solution to an age-old problem in monetary theory: what it means for monetary policy to be "neutral."
- Print length108 pages
- LanguageEnglish
- PublisherThe MIT Press
- Publication dateJanuary 29, 1999
- Dimensions5.38 x 0.32 x 8.06 inches
- ISBN-100262522608
- ISBN-13978-0262522601
- Lexile measure1290L
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Blinder possesses the uncommon skill of translating his real life experience as a key central banker into the modern day rigor of macro economics. A must read for anyone who wants to understand the dramatic and increasingly complex evolution in the art of central banking.
―Stephen S. Roach, Chief Economist and director of Global Economics, Morgan Stanley Dean WitterAbout the Author
Product details
- Publisher : The MIT Press; Revised ed. edition (January 29, 1999)
- Language : English
- Paperback : 108 pages
- ISBN-10 : 0262522608
- ISBN-13 : 978-0262522601
- Lexile measure : 1290L
- Item Weight : 5.6 ounces
- Dimensions : 5.38 x 0.32 x 8.06 inches
- Best Sellers Rank: #1,855,262 in Books (See Top 100 in Books)
- #1,074 in Money & Monetary Policy (Books)
- #1,396 in Banks & Banking (Books)
- #1,937 in International Economics (Books)
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I am generally curious about the topic of central banking and after reading various wikipedia and federal reserve pages I wanted a little more detail. The title and description made it seem like this would be the right next step, but the author generally assumes the reader had more in-depth knowledge of the core topics and references terms and theories without describing them. I was able to figure out the gist largely without external reference, but in retrospect I probably would have started with another book on the topic.
Example terms / concepts used without much description: IS/LM model, Tinbergen-Theil framework
If I were to re-title the book, I would probably call it "Blinder's Reflections on Central Banking in Theory and Practice" or something that might more accurately reflect the expected background of the reader.
Top reviews from other countries
Os economistas do PT com certeza não leram. E se leram não compreenderam nada.







