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Money and Government: The Past and Future of Economics

really liked it 4.00  ·  Rating details ·  28 ratings  ·  5 reviews
A critical examination of economics’spast and future, and how it needs to change, by one of the most eminent political economists of our time

The dominant view in economics is that money and government should play only a minor role in economic life. Economic outcomes, it is claimed, are best left to the “invisible hand” of the market. Yet these claims remain staunchly
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Hardcover, 512 pages
Published November 13th 2018 by Yale University Press
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Gary  Beauregard Bottomley
Rarely would I sing the praises for a book as I would for this one. The world ignores books of this quality at their own peril. This book does something that I’ve never seen done before. It lays out a narrative in easy to grasp ways for how to think about macro economics, monetary and fiscal policy (money and government), and why it is necessary to understand in order to not be misled intentionally by fallaciously distracting substance free arguments.

The history of economics and its thought is
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Andrew
Mar 16, 2019 rated it really liked it
Money and Government: The Past and Future of Economics by Robert Skidelsky is a history of political economy and an examination of two schools of economic thought: metalists vs chartilist (put simply). The book examines a history of economic thought within governmnet - mostly focusing on the United Kingdom, where much of modern economics history began, but also looking at the United States, Japan, Germany and France, among others, and how they managed fiscal and monetary policy.

The debate here
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Aaron Luke
Jul 19, 2019 rated it it was amazing  ·  review of another edition
Arguably, a masterpiece.

The book, whether it admits it openly or not, is a mix of three things, interwoven from beginning to end:

(1) An exposition of key parts of monetary history

(2) An explanation of core concepts in monetary economics

(3) Skidelsky preaching his own brand of macroeconomic reform

Whether or not you agree with Skidelsky’s views (and he can get quite preachy), you have to credit him for doing (1) and (2) incredibly well.

It’s hard to find books that are able to make monetary
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Ietrio
Jul 05, 2019 rated it did not like it
Shelves: junk
Freedom is toxic. Life and markets should be like his career: kiss your way up on the ladder, than push papers and wait for the government to collect the money for your generous pension.
Conrad
Feb 24, 2019 rated it it was ok  ·  review of another edition
A convoluted attempt to paint a picture on the debates and trends in (macro)economics. Robert Skidelsky certainly has a point to make, and the knowledge to back it. But much like Keynes' 'Tract on Monetary Reform', the substance falls short to convey the message adequately.
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Lord Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. His three volume biography of the economist John Maynard Keynes (1983, 1992, 2000) received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. He is the author of the The World After Communism (1995) (American ...more