emergence of a new consensus
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Geoffrey Ingham has always been interested in the areas of money and monetary policy and he has written a great deal on these important issues. One of his main strengths is a thorough understanding of the economic theory of money and his ability to integrate this positively with his definitive understanding of the sociological approach to money. Although the title of this contribution suggests that it is concerned with economic policies, the focus is on monetary policy for reasons that become obvious in what follows in this chapter. It is a real pleasure.
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