Inside the Fed: Monetary Policy and Its Management, Martin through Greenspan to Bernanke / Edition 2

Inside the Fed: Monetary Policy and Its Management, Martin through Greenspan to Bernanke / Edition 2

4.5 2
by Stephen H. Axilrod
     
 

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ISBN-10: 0262015625

ISBN-13: 9780262015622

Pub. Date: 02/18/2011

Publisher: MIT Press

Stephen Axilrod is the ultimate Federal Reserve insider. He worked at the
Fed's Board of Governors for more than thirty years and after that in private markets and as a consultant on monetary policy. With Inside the
Fed
, he offers his unique perspective on the inner workings of the Federal
Reserve System during the last fifty years. This new,

Overview

Stephen Axilrod is the ultimate Federal Reserve insider. He worked at the
Fed's Board of Governors for more than thirty years and after that in private markets and as a consultant on monetary policy. With Inside the
Fed
, he offers his unique perspective on the inner workings of the Federal
Reserve System during the last fifty years. This new, post-financial meltdown edition offers his assessment of the Fed's action (and inaction) during the crisis and expanded coverage of the Fed in the Bernanke era.

Great leadership in monetary policy, Axilrod says, is determined not by pure economic sophistication but by the ability to push through political and social barriers to achieve a paradigm shift in policy -- and by the courage and bureaucratic moxie to pull it off.

Product Details

ISBN-13:
9780262015622
Publisher:
MIT Press
Publication date:
02/18/2011
Edition description:
revised edition
Pages:
240
Product dimensions:
5.90(w) x 9.00(h) x 1.00(d)
Age Range:
18 Years

Table of Contents

Contents

Preface....................vii
Introduction....................1
1 Overview of Policy Management and Managers....................5
2 In Bill Martin's Time....................23
3 Arthur Burns and the Struggle against Inflation....................55
4 The Miller Interlude....................79
5 Paul Volcker and the Victory over Inflation....................91
6 The Greenspan Years and After....................123
7 The Fed and Its Image....................159
8 Summing Up and Looking Ahead....................173
Appendix A....................187
Appendix B....................189
Notes....................191
Index....................199

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Inside the Fed: Monetary Policy and Its Management, Martin through Greenspan to Bernanke 4.5 out of 5 based on 0 ratings. 2 reviews.
Anonymous More than 1 year ago
Maridean More than 1 year ago
The Fed has been more than free in making policies without informed oversight. These policies have so much impact on the market and economy as a whole that a group of knowledgeable citizens should report regularly.