William N. Butos

It’s hard to walk away from Brendan Brown’s most recent book without a feeling of deep disappointment in modern day central banks. T

During the past decade a significant change has occurred in the kinds of questions explored by monetary economists. Heretofore, one of the central issues concerned the “rules versus discretion” debate of a central bank empowered monopolistically to supply base money.

Garrison brings analytical distinctions between Austrian, Keynesian, and monetarist monetary-economics into sharp relief. This alone makes Time and Money a highly attractive alternative to advanced undergraduate