£67.89

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

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£67.96 £58.72 £60.74 £62.75 £64.77 £66.78 £68.80 31 January 2026 21 February 2026 15 March 2026 05 April 2026 27 April 2026

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10 days 15 days 8 days 3 days 14 days 5 days 32 days · current 0 8 16 24 32 £60 £62 £66 £66 £67 £67 £68 Days at Price

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Price range: £60 - £68

Price levels: 7 different prices over 87 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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No barcode data available

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