The Monetary Policy of the Federal Reserve: A History
by Hetzel, Robert L
- New
- Hardcover
- Condition
- New
- ISBN 10
- 0521881323
- ISBN 13
- 9780521881326
- Seller
-
Exeter, Devon, United Kingdom
2 Copies Available from This Seller
Payment Methods Accepted
About This Item
Synopsis
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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Details
- Bookseller
- Revaluation Books (GB)
- Bookseller's Inventory #
- x-0521881323
- Title
- The Monetary Policy of the Federal Reserve: A History
- Author
- Hetzel, Robert L
- Format/Binding
- Hardcover
- Book Condition
- New
- Quantity Available
- 2
- ISBN 10
- 0521881323
- ISBN 13
- 9780521881326
- Publisher
- Cambridge Univ Pr
- Place of Publication
- Cambridge
- Date Published
- 2008
- LCCN
- 2007023447
Terms of Sale
Revaluation Books
About the Seller
Revaluation Books
About Revaluation Books
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- New
- A new book is a book previously not circulated to a buyer. Although a new book is typically free of any faults or defects, "new"...