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A History of the Federal Reserve: Book 1, 1951-1969

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The second volume of "the definitive history of the central bank and monetary policy in the United States for the indefinite future" (Business History Review).

Allan H. Meltzer's critically acclaimed history of the Federal Reserve is the most ambitious, most intensive, and most revealing investigation of the subject ever conducted. Its first volume spanned the period from the institution's founding in 1913 to the restoration of its independence in 1951. This two-part second volume of the his...