Incluye referencias bibliográficas (páginas 282-313) e índice.

1. Introduction -- 2. Central banking, asset prices, and financial fragility: Asset prices, financial fragility, and central banking in the new consensus ; Asset prices, financialfragility, and central banking: A Post-Keynesian view ; Conclusion -- 3. Asset-price theories and central banking: The rational approach to asset prices ; The irrational approach to asset prices ; The convention approach to asset prices ; Conclusion -- 4. Against the instrumental use of interest rates: The importance of the notion of breakeven point: A Post-Keynesian view ; Theoretical implications ; Monetary policy in the Post-Keynesian framework ; Conclusion -- 5. An analysis of financial fragility in the Minskian tradition ; The fundamental hypotheses and dynamics of the Minskian analysis ; The modeling of Minsky's framework ; Implications for central banking -- 6. Financial matters in the decisions of the FOMC ; The Federal Reserve and financial disruptions ; A critical appraisal of the FOMC economic framework ; General conclusion -- 7. Conclusion: A new role for the central bank -- Appendix 1: Own-rates of interest, real rates of interest, and money rates of interest -- Appendix 2: The aggregate liquidity preference ratio with K assets -- Appendix 3: Immunization procedure with consoles -- Appendix 4: Econometric analysis of inflation and interest rates -- Appendix 5: Financial disturbances and financial crises in the US.