With Inside the FED, Stephen Axilrod offers his unique perspective on the inner workings of the Federal Reserve System during the last fifty years- writing about personalities as much as policy- based on his knowledge and observations of every Fed chairman since 1951. This editi…
With Inside the FED, Stephen Axilrod offers his unique perspective on the inner workings of the Federal Reserve System during the last fifty years- writing about personalities as much as policy- based on his knowledge and observations of every Fed chairman since 1951. This editi…
"Of the two major governmental tools for shaping the economy, Congress controls fiscal policy-taxation and spending-and the Fed makes monetary policy-influencing how much money circulates in the economy, and how quickly. Traditionally the Fed has relied on three instruments: ope…
'The Federal Reserve' is about how things work in practice for the Fed: how it makes decisions, what actions it takes, and the actual effects it has on the economy and society.
"Of the two major governmental tools for shaping the economy, Congress controls fiscal policy-taxation and spending-and the Fed makes monetary policy-influencing how much money circulates in the economy, and how quickly. Traditionally the Fed has relied on three instruments: ope…
Discusses the legal basis for the Federal Reserve and the powers the institution can carry out, highlights key events in U.S. postwar financial history, and explains how monetary policy is tied to the political and social scenes.
"Of the two major governmental tools for shaping the economy, Congress controls fiscal policy-taxation and spending-and the Fed makes monetary policy-influencing how much money circulates in the economy, and how quickly. Traditionally the Fed has relied on three instruments: ope…
"Of the two major governmental tools for shaping the economy, Congress controls fiscal policy-taxation and spending-and the Fed makes monetary policy-influencing how much money circulates in the economy, and how quickly. Traditionally the Fed has relied on three instruments: ope…