The independence of central banks: a reductio ad absurdum

This paper testifies to the fact that the proclaimed independence of central banks, as conceived by its founders, is nothing more than a chimera. We demonstrate that the hypothesis ‘inflation is a purely monetary phenomenon’ does not substantiate the case for independence. Further, the portrayal of...

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Veröffentlicht in:	The journal of philosophical economics 2024-03, Vol.XVII (Articles)
Hauptverfasser:	Pohoață, Ion, Diaconașu, Delia-Elena, Negru, Ioana
Format:	Artikel
Sprache:	eng
Schlagworte:	Economics and Finance Humanities and Social Sciences
Online-Zugang:	Volltext
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