TY - BOOK AU - Lavoie,M. AU - Seccareccia,Mario TI - Central banking in the modern world: alternative perspectives SN - 9781843766414 AV - HG1811 .C4583 2005 U1 - 332.1'1 PY - 2005/// CY - Cheltenham, UK, Northampton, MA, USA PB - Edward Elgar KW - Banks and banking, Central KW - Monetary policy KW - Interest rates N1 - Includes bibliographical references and indexes N2 - Examines the procedures pursued by central banks, the monetary policy transmission mechanisms suggested by central bankers themselves, and the assumptions imbedded in the New Consensus. They propose alternative analyses that clearly demonstrate the limits of modern central banking and point to the possible instability of monetary economies. Heterodox and orthodox monetary macroeconomists alike will find this illuminating book of great interest ER -