Abstract: This book was set in motion in 2004, and most of the background research, and even the writing, was done in 2006 and 2007. The reason that it has taken so long to reach publication is that the process was then drastically interrupted by the financial crisis starting in August 2007. This crisis has been severe and prolonged. It has, of course, centred on the working of the monetary, banking and financial systems. So economists (even older, retired ones) who had focussed on money and banking issues, especially those relating to financial regulation, suddenly found themselves in current demand, to explain events, to predict developments and to propose remedies. In the face of such immediacy, history had to wait.
Publication Year: 2011
Publication Date: 2011-08-25
Language: en
Type: book-chapter
Indexed In: ['crossref']
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