Publisher's Synopsis
This volume contains the first eight lectures delivered in honour of Henry Thornton the economist, at City University, London. Seven of the lectures are by monetary economists and one is by a Governer of the Bank of England. There is a discussion of exchange rate behaviour and its implications for the international monetary system and a consideration of the changes in macroeconomics. Thornton's remarks on interest rates are developed and tested against a century of British data.;Forrest Capie is also author of "Depression and Protectionism", co-author of "The Inter War Economy: A Statistical Approach" and "Monetary History of the United Kingdom", over 20 journal articles and editor of "Financial Crises and the World Banking System" with Geoffrey E.Wood. Geoffrey Wood is co-author of "The Financing Procedures of British Foreign Trade" and editor of "Monetary Targets" and "Monetarism in the United Kingdom" both with Brian Griffiths.
