
Published online:
02 September 2009
Published in print:
19 June 2008
Online ISBN:
9780191577437
Print ISBN:
9780199548477
Contents
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1 Introduction 1 Introduction
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2 The Life Cycle of Social Choice, Public Choice, and Political Economy 2 The Life Cycle of Social Choice, Public Choice, and Political Economy
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3 Vibrance and Ossification in Macro Political Economy 3 Vibrance and Ossification in Macro Political Economy
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4 Total Special Interest Gridlock 4 Total Special Interest Gridlock
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5 The Poverty of International Institutions 5 The Poverty of International Institutions
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6 Conclusion 6 Conclusion
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References References
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Chapter
29 The Non‐Politics of Monetary Policy
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Susanne Lohmann
Susanne Lohmann
Political Science and Public Policy, University of California, Los Angeles
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Susanne Lohmann, University of California, Los Angeles
Pages
523–544
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Published:02 September 2009
Cite
Lohmann, Susanne, ' The Non‐Politics of Monetary Policy', in Donald A. Wittman, and Barry R. Weingast (eds), The Oxford Handbook of Political Economy (2008; online edn, Oxford Academic, 2 Sept. 2009), https://doi.org/10.1093/oxfordhb/9780199548477.003.0029, accessed 29 Apr. 2025.
Abstract
This article studies the non-politics of monetary policy. It argues that there is an urgent need for a macro political economy, which is stuck with an impoverished understanding of political institutions. It looks at the life cycle of social choice, public choice, and political economy and presents an assessment of the contribution of macro political economy. The last two sections are concerned with total special interest gridlock and the poverty of international institutions.
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