£61.74

Cheaper than 88% of the days we've watched it.

£62 today · 30-day average £65 · all-time low £46

Cambridge University Press The Monetary Policy of the Federal Reserve: A History: 0 (Studies in Macroeconomic History)

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£68.38 £44.18 £49.46 £54.74 £60.02 £65.30 £70.58 31 July 2026 17 August 2026 03 September 2026 20 September 2026 07 October 2026
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7 days 27 days 17 days 18 days 0 7 14 20 27 £46 £62 £65 £68 Days at Price

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Most common price: £62 (27 days, 39.1%)

Price range: £46 - £68

Price levels: 4 different prices over 69 days

Description

Details the evolution of the monetary standard from the start of the Federal Reserve through the end of the Greenspan era. The book places that evolution in the context of the intellectual and political environment of the time. By understanding the fitful process of replacing a gold standard with a paper money standard, the conduct of monetary policy becomes a series of experiments useful for understanding the fundamental issues concerning money and prices. How did the recurrent monetary instability of the 20th century relate to the economic instability and to the associated political and social turbulence? After the detour in policy represented by FOMC chairmen Arthur Burns and G. William Miller, Paul Volcker and Alan Greenspan established the monetary standard originally foreshadowed by William McChesney Martin, who became chairman in 1951. The Monetary Policy of the Federal Reserve explains in a straightforward way the emergence and nature of the modern, inflation-targeting central bank.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
17 March 2008
Listed Since
30 August 2007

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