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Details the evolution of the monetary standard from the start of the Federal Reserve through the end of the Greenspan era. The book places that evolution in the context of the intellectual and political environment of the time. By understanding the fitful process of replacing a gold standard with a paper money standard, the conduct of monetary policy becomes a series of experiments useful for understanding the fundamental issues concerning money and prices. How did the recurrent monetary instability of the 20th century relate to the economic instability and to the associated political and social turbulence? After the detour in policy represented by FOMC chairmen Arthur Burns and G. William Miller, Paul Volcker and Alan Greenspan established the monetary standard originally foreshadowed by William McChesney Martin, who became chairman in 1951. The Monetary Policy of the Federal Reserve explains in a straightforward way the emergence and nature of the modern, inflation-targeting central bank.
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1
Monetary Policy of the Federal Reserve: A History
2010, Cambridge University Press
in English
0511754175 9780511754173
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2
The monetary policy of the Federal Reserve: a history
2008, Cambridge University Press
in English
0521881323 9780521881326
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3
Monetary Policy of the Federal Reserve: A History
2008, Cambridge University Press
in English
0511384408 9780511384400
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4
The Monetary Policy of the Federal Reserve: A History (Studies in Macroeconomic History)
March 31, 2008, Cambridge University Press
Hardcover
in English
- 1 edition
0521881323 9780521881326
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5
The Monetary Policy of the Federal Reserve
2008, Cambridge University Press
eBook
in English
0511380429 9780511380426
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6
Monetary Policy of the Federal Reserve: A History
2008, Cambridge University Press
in English
0511386230 9780511386237
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7
Monetary Policy of the Federal Reserve: A History
2008, Cambridge University Press
in English
051138825X 9780511388255
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8
Monetary Policy of the Federal Reserve: A History
Publish date unknown, University of Cambridge ESOL Examinations
in English
0521707595 9780521707596
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November 19, 2022 | Edited by ImportBot | import existing book |
June 22, 2010 | Created by ImportBot | Imported from marc_overdrive MARC record |