The Economics of Central Banking

<P>This book offers a comprehensive analysis of central banks, and aims to make them less of a mystery to the general public, which is the only way to have a rational debate about them and ultimately to make them accountable. It has three defining characteristics, which set it apart from competing titles: first, it is pitched at the general public and uses a simple and entertaining language. Second, it is rooted in, and makes frequent reference to, recent academic research, based on content for a graduate level course. Third, the author thinks "out of the box" to describe the possible evolution of central banks (including the prospect of their disappearance), and not only the status quo.　</P><P> </P>