This book provides a collection of essays by leading economists in honour of David Laidler's contributions to the field of macroeconomics, with important essays on central banking, monetary policy implementation, inflation targeting, monetary theory, monetary framework debates, and the mathematical theory of banking.

ROBERT LEESON has taught at a variety of Universities, including Stanford, London, UC Berkeley, UC Santa Cruz, Santa Clara, Western Ontario, Flinders and Murdoch. He has published widely in journals such as theEconomic Journal,Economica, theCambridge Journal of Economics,Urban Studies,History of Political Economy,Journal of the History of Economic Thought andHistory of Economics Review. He has published eight books, includingA.W.H.Phillips' Collected Works. He is currently the co-editor ofThe Collected Writings of Milton Friedman.

Preface Foreword Interview Biographical Sketches David Laidler on Monetarism David Laidler's Contributions to the History of Monetary Economics Laidler's Monetarism  What is Good Government? David Laidler's Views Milton Friedman Tradeoffs in Monetary Policy From Money Targeting to Inflation Targeting: The Change in the Role of Money in the Conduct of Monetary Policy Monetary Institutions and Monetary Theory: Reflections on the History of Monetary Economics Monetary Policy Implementation: A Microstructure Approach Monetarism and Market Clearing Less Than an Ideal Type: Varieties of Real Bills Doctrines Hans Neisser's Views on Money and Structural Change, and Modern 'Quantity Theory' Implications Harry Johnson, Keynes and Keynesian Economics Hawtreyan 'Credit Deadlock' or Keynesian 'Liquidity Trap'? Lessons for Japan from the Great Depression