The Federal Reserve: A New History by Robert L. Hetzel, Robert L. Hetzel

The Federal Reserve: A New History
Robert L. Hetzel, Robert L. Hetzel
Page: 696
Format: pdf, ePub, mobi, fb2
ISBN: 9780226821658
Publisher: University of Chicago Press
Download The Federal Reserve: A New History

Download book on ipod The Federal Reserve: A New History (English Edition)

Overview

An illuminating history of the Fed from its founding through the tumult of 2020.

In The Federal Reserve: A New History, Robert L. Hetzel draws on more than forty years of experience as an economist in the central bank to trace the influences of the Fed on the American economy. Comparing periods in which the Fed stabilized the economy to those when it did the opposite, Hetzel tells the story of a century-long pursuit of monetary rules capable of providing for economic stability.

Recast through this lens and enriched with archival materials, Hetzel’s sweeping history offers a new understanding of the bank’s watershed moments since 1913. This includes critical accounts of the Great Depression, the Great Inflation, and the Great Recession—including how these disastrous events could have been avoided.

A critical volume for a critical moment in financial history, The Federal Reserve is an expert, sweeping account that promises to recast our understanding of the central bank in its second century.

Items