Money, Prices and the Real Economy (web version)

Published by the IEA in association with Edward Elgar

Money, Prices and the Real Economy was first published in 1998, but the analysis in the book is timeless and highly relevant today. The IEA has published a web version particularly for students and scholars. The book can still be purchased from Edward Elgar .

The contents of the book are:

Introduction
Geoffrey E. Wood

1. What is money?
Allan H. Meltzer

2. The long-run relationship between money and prices
Forrest H. Capie

3. Why financial stability depends on price stability
Anna J. Schwartz

4. Monetary regimes and economic performance: lessons from history
Michael D. Bordo

5. Choice of target for monetary policy
Bennett T. McCallum

6. Money and interest rates
Geoffrey E. Wood