First Published in 2005. This volume offers an extended original series of essays in the field of financial history, assembled from lectures, articles for Festschriften and symposia, commissioned articles, and a few papers for the normal run of periodicals, including one or two obscure ones. They form a complement to the author’s previous work Financial History of Western Europe (1984).

The last 20 years have seen severe macroeconomic instability in Britain, with three extreme and highly damaging boom-bust cycles. Professor Tim Congdon, one of the City's most well-known commentators, has been an influential critic of successive governments' failures in economic policy throughout this period. Reflections on Monetarism brings together his most important academic papers and journalism, including his remarkably prescient series of articles in The Times from 1985 to 1988 forecasting that the Lawson credit boom would wreck the Thatcher Government's reputation for sound financial management. He presents a powerful argument that the root cause of Britain's economic instability has been the volatile growth of credit and the money supply.

First Published in 1983. Routledge is an imprint of Taylor & Francis, an informa company.

This fully revised second edition of Bain and Howells' Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates. The second edition: features a realistic account of the conduct of monetary policy when the money supply is endogenous provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisis Monetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy.

This is a reprint of a previously published work. It deals with the modern economists from Keynes to the mid 1990s and how their predictions have often been misguided and detrimental to the American economy.

An examination of the role of money in a dynamic economy within the context of theoretical developments both within and in opposition to, the Quantity Theory tradition. Emphasis is on the dangers of basing economic policy on macroeconomic analysis.

The book investigates issues of policy design in open economies. The performance of simple alternative policy rules is analysed in the context of theoretical models using both analytical solutions and numerical simulations techniques. One of the substantive contributions of the research is that policy evaluation should take into account, among other things, the implications of different rules for foreign wealth and the exchange rate. Hence the open economy models presented in the book include wealth effects and the current account.

A study of the political theory that underlies the conservative economic thought of such economists as Milton Friedman, James Buchanan and Friedrich Hayek, and its implications for public policy. The author analyzes the political content of ideas that justify a laissez-faire policy.

This clear, readable primer on the economic debates of the 1980s is an invaluable tool for those seeking to understand the supply-side, military Keynesian, and monetary policies of the Reagan era and their continuing influence today. Its call for putting "people before profits" is a compelling rejoinder to the neo-Reaganism of the Clinton administration.