US EditionCentral Banks Forgot What Drives Inflation —Tim Congdon Didn’t
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Central Banks Forgot What Drives Inflation —Tim Congdon Didn’t
Before I review The Quantity Theory of Money: A New Restatement (PDF) chapter-by-chapter, allow me to put things into context. Tim Congdon is the deepest thinker in this field and one with enormous experience as a banker with real skin in the game. If that weren’t enough, he started his career as an economics journalist at The Times in the 1970s. In short, unlike most economic writing, his book is readable. Following his work at The Times, he fo…
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