| 000 -LEADER |
| fixed length control field |
01331nam a2200157 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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200317b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Bean, Charles R. |
| 245 ## - TITLE STATEMENT |
| Title |
A review essay: David Kynaston's till time's last sand: A history of the bank of England, 1694-2013 |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Name of publisher, distributor, etc |
Journal of Economic Literature |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
57(4), Dec, 2019: p.972-987. |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
This essay reviews Till Time's Last Sand: A History of the Bank of England, 1694–2013, David Kynaston's history of the Bank of England (the Bank) from its foundation in 1694 to the present day. I focus on three themes running through his narrative. First, for much of that time, the Bank was a private company playing a public role; how did it manage to do this and why was it eventually brought into public ownership? Second, I examine the various attempts to constrain the Bank's monetary policy to follow a simple rule; these almost invariably proved unsustainable unless the rule provided enough room for discretion. Finally, I cover the Bank's journey to becoming the lender of last resort, together with its evolving attitude to the associated risk of moral hazard.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Bank of England - History |
| 9 (RLIN) |
16862 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Journal of Economic Literature |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
BANKS AND BANKING - UNITED KINGDOM |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Source of classification or shelving scheme |
|
| Item type |
Articles |