Monetary Policy Normalization

Paolo Savona is the founder of the first chair of Geopolitical economics. He was trained at the Research Department of the Bank of Italy, is a professor emeritus of Economic Policy and an author of numerous writings on real, monetary, and financial economics. He is currently the chairman of Consob (the authority responsible for regulating Italian financial markets). He has twice served as a minister in the Italian government.Rainer S. Masera is the Dean of the Faculty of Economics and a professor of Economic Policy at the Guglielmo Marconi University of Rome, Italy. He serves as the minister of the budget and economic planning in the Italian government. He has published numerous monographic works and essays on the subject of financial innovation, risk control, and economic policy, in Italian and foreign magazines.

• Chapter 1. Introduction (Paolo Savona).- Chapter 2. Economics and money: political and epistemological perspectives of connecting and fault lines. A fil rouge from Keynes to digitization (Rainer Stefano Masera).- Chapter 3. The Great Repricing: Central Banks and the World Economy (Mervyn Allister King).- Chapter 4. How Elastic Money Should Be: Flexible Monetary Policy Rules from the Great Moderation to the New Normal Times (1993-2023) (Donato Masciandaro).- Chapter 5. The universal language of economics: où-logòs or éu-logòs (Monika Poettinger).- Chapter 6. Predictive methods in economics: the link between Econophysics and Artificial Intelligence (Antonio Simeone).- Chapter 7. The adoption of digital euro and perspective (Francesco Capriglione).- Chapter 8. The karst phenomena of the law in action (Marco Rossi).- Chapter 9. Technological innovations: A new Model of Geopolitical Digital relations: from Welfare to Warfare? (Fabio Vanorio).- Chapter 10. Concluding remarks. Is it possible to return to a "normalization" of monetary policy? (Jan Allen Kregel).