Lorenzo Bini Smaghi: Presentation of the Book “L’acqua e la spugna” by Franco Bruni
Oh Dear……
This may seem absurd nowadays, but at a conference organised by the European Central Bank, in the autumn of 2006, to explain its own monetary policy strategy – a strategy in which money and the financial markets play an important role – the majority of academics, above all on the other side of the Atlantic, played down the usefulness of taking money and financial markets into account in economic models.
Presentation of the book entitled “L’acqua e la spugna” by Franco Bruni