Debates in Monetary Macroeconomics

1. Introduction - Pressman and Smithin.- I. Budget.- 2. Keynes after Piketty: Some Unsettling Questions Regarding Government Budget Deficits - Steven Pressman.- 3. Some Unsettling Questions Regarding Government Budget Deficits: The National Debt is Irrelevant - David Barrows.- II. Trade.- 4. The Ambiguous Effects of Pursuing Current Account Surpluses - Nina Eichacker.- 5. Does a Current Account Deficit Indicate Bad Economic Policy? - William Scarth.- III. Taxes.- 6. How Taxes Can Be Used as a Deflationary Tool - Joelle Leclaire.- 7. What is the Sign of the Balanced-Budget Multiplier? - John Smithin.- IV. Exchange Rates.- 8. A Modern Defence of Flexible Exchange Rates and Monetary Policy Rules - Eric Kam and Mohammed Moshin.- 9. The Case for Fixed Exchange Rates Regimes: What For and in What Form? - Adrien Faudot.- V. Monetary Policy.- 10. Should the Implementation of Monetary Policy Be Subject to Rules? - Martin Watts and George Pantelopolous.- 11. Rules Are (Sometimes) Meant to Be Broken: Arguments in Favor of Discretionary Monetary Policy - Sarah F. Small.