'Rochon and Rossi have made an important contribution to the field of central banking that will be invaluable to both students and faculty alike. The editors were meticulous and diligent in gathering some of the best thinkers on the topic.' - Basil J. Moore, University of Stellenbosch, South Africa
'This new Encyclopedia is a most welcome addition, since the tools and the problems of central banking have changed so much with the advent of the global financial crisis. The editors have done a wonderful job in gathering a mix of well-known economists and bright young scholars and practitioners who analyze all the changes that have occurred. The entries provide a pluralistic view of the knowledge that is needed to be an enlightened central banker or a student of central banking.' - Marc Lavoie, University of Ottawa, Canada
The Encyclopedia of Central Banking provides definitive and comprehensive encyclopedic coverage on central banking and monetary theory and policy. Containing close to 250 entries from specially commissioned experts in their fields, elements of past and current monetary policies are described and a critical assessment of central bank practices is presented.
Since the global financial crisis of 2008-09, all major central banks have intervened to avert the collapse of the global economy, bringing monetary policy to the forefront. Rochon and Rossi give an up to date, critical understanding of central banking, at both theoretical and policy-oriented levels. This Encyclopedia explains the complexity of monetary-policy interventions, their conceptual and institutional frameworks, and their own limits and drawbacks. The reader is provided with the body of knowledge necessary to understand central banks' decisions in the aftermath of the global financial crisis and controversial explanations of the crisis are illuminated from a historical perspective.
Academics and students of economics will find this an indispensable reference tool, offering current and necessary insight into central banking and monetary policy. Practitioners in the financial sector will also benefit from this refreshed insight into such a fundamental topic.

The Encyclopedia of Central Banking

Business & Money

Louis-Philippe Rochon

Sergio Rossi

Economics

Edward Elgar Publishing

'At last, this book is what was missing in heterodox economics. A full encompassing textbook written by great minds with a sole purpose: to allow students to discover the absurdity of the orthodox textbooks and the strength of heterodox economics. Through all the chapters, at last true economics is revealed. Rochon and Rossi have done heterodoxy a great service. This amazing book must be used by all those who teach heterodox economics, to form a new generation of young scholars.' - Alain Parguez, Université de Franche-Comté, FranceThis important new book introduces students to the fundamental ideas of heterodox economics, presented in a clear and accessible way by top heterodox scholars. It offers not only a critique of the dominant approach to economics, but also a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises.
Key features of this textbook include: - A non-conventional understanding of economic analysis on a number of relevant topics - Deep and convincing criticism of orthodox thinking - Discussion of the crucial importance of money, banking and finance today - Analysis of the roots of the 2008 global financial crisis - A presentation of the features of sustainable development.
Undergraduate students studying economics at all levels can use this textbook to deepen their understanding of the heterodox approach, the fundamental roots of the 2008 global financial crisis and the need to rethink economics afresh.

An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis

'At last, this book is what was missing in heterodox economics. A full encompassing textbook written by great minds with a sole purpose: to allow students to discover the absurdity of the orthodox textbooks and the strength of heterodox economics. Through all the chapters, at last true economics is revealed. Rochon and Rossi have done heterodoxy a great service. This amazing book must be used by all those who teach heterodox economics, to form a new generation of young scholars.' - Alain Parguez, Université de Franche-Comté, FranceThis important new book introduces students to the fundamental ideas of heterodox economics, presented in a clear and accessible way by top heterodox scholars. It offers not only a critique of the dominant approach to economics, but also a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises.
Key features of this textbook include:
<ul>
<li>A non-conventional understanding of economic analysis on a number of relevant topics</li>
<li>Deep and convincing criticism of orthodox thinking</li>
<li>Discussion of the crucial importance of money, banking and finance today</li>
<li>Analysis of the roots of the 2008 global financial crisis</li>
<li>A presentation of the features of sustainable development.</li>
</ul>
Undergraduate students studying economics at all levels can use this textbook to deepen their understanding of the heterodox approach, the fundamental roots of the 2008 global financial crisis and the need to rethink economics afresh.
Contributors include: R.A. Blecker, H. Bortis, A. Cencini, G.A. Epstein, R. Guttmann, O. Hamouda, R.P.F. Holt, J. Jespersen, J. King, M. Lavoie, J. McCombie, L.-P. Rochon, S. Rossi, M. Sawyer, M. Setterfield, M. Seccareccia, N. Tharnpanich, J. Toporowski

This book unites diverse heterodox traditions in the study of endogenous money - which until now have been confined to their own academic quarters - and explores their similarities and differences from both sides of the Atlantic. 
Bringing together perspectives from post-Keynesians, Circuitists and the Dijon School, the book continues the tradition of Keynes’ and Kalecki’s analysis of a monetary production economy, emphasizing the similarities between the various approaches, and expanding the analytical breadth of the theory of endogenous money. The authors aim to open new avenues for monetary research in order to fuel a renewed interest in the nature and role of money in capitalist economies, which is, the authors argue, one of the most controversial, and therefore fascinating, areas of economics. 
Providing new theoretical and empirical grounds for the construction of a general, policy-oriented theory of money, this thought-provoking collection will appeal to academics, researchers and students interested in monetary economics. It will also be welcomed by monetary policymakers and central bank officials.

Modern Theories of Money: The Nature and Role of Money in Capitalist Economies

Combining critical perspectives with a positive contribution to economic policy, both national and international, this book considers the causes and consequences of recent financial crises presenting cutting-edge material. 
The editors bring together a number of well-known scholars to offer their views and elaborate on alternative solutions with respect to the Washington Consensus on how to restructure the monetary and financial system in order to avoid financial crises in the future. The book deals with a number of issues, such as the Asian financial crises of the 1990s, exchange rate arrangements, financial liberalization and capital controls. The contributors take a critical approach, providing the elements for a new analysis of monetary and exchange rate issues in the modern world. 
Monetary and Exchange Rate Systems will be extremely useful for researchers and policymakers interested in monetary macroeconomics and in the international financial system.

Monetary and Exchange Rate Systems: A Global View of Financial Crises

See the best price to sell, buy, or rent books by Louis-Philippe Rochon. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Louis-Philippe Rochon

See the best price to sell, buy, or rent books by Louis-Philippe Rochon. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The Encyclopedia of Central Banking

An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis

An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis

Modern Theories of Money: The Nature and Role of Money in Capitalist Economies

Monetary and Exchange Rate Systems: A Global View of Financial Crises