Federal Reserve System

Federal Reserve System

by Gary Taylor

Editorial Reviews

School Library Journal - School Library Journal
Gr 7-12-- Those looking for detailed information about our government's agencies and services will find these titles helpful. Sawyer provides a running account of the origin and organization of the Foundation, as well as its goals, accomplishments, and the distribution of its grants. Although one may question that ``the humanities have become a household word,'' there is little doubt that the infusion of federal government support has helped the appreciation of artistic and cultural diversity in the United States. Stefoff focuses on the supply side of the drug trade and the current war against the nation's number one enemy. Citing numbers, dates, and examples, she relays a sense of the tremendous amount of resources being spent to curtail the illicit drug traffic and the impossibility of eradicating drugs from our society. A brief history of drug usage shows earlier efforts at curtailment and control. An organizational chart and an address list of the divisional offices is appended. Taylor gives the history, development, structure, and functions of the Federal Reserve System. The influence of this agency on U. S. monetary policies and its more assertive role during the last decade, especially under the dynamic leadership of its influential former chairman, Paul Volcker, make this a timely book. Mature readers and those with a background in American history will especially appreciate Walston's book. Organized chronologically, it shows the struggles of the fledgling democracy to raise revenues, establish credit and currency, and develop policies in conjunction with the changing status of the nation. Included are the personalities and events that shaped this vital arm of our government and the current responsibilities and challenges it faces in the technological age. --Miriam Hansen, Eau Claire Public Schools, WI

Product Details

Chelsea House Publishers
Publication date:
Know Your Government Ser.
Age Range:
10 Years

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