£123.76

Routledge - The Political Economy of U.S. Monetary Policy

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Description

Explore a deep analysis of the Federal Reserve's history and its impact on the American economy. In The Political Economy of U.S. Monetary Policy, Dickens challenges mainstream economic views regarding the central bank's behavior over its first century. While many economists view the Federal Reserve's actions as attempts to stabilize growth and manage inflation, this book offers a different perspective on the motivations behind these decisions. A central theme of the text is the transition from a gold-exchange standard with fixed exchange rates to a system of flexible exchange rates. Dickens argues that this shift was not merely a technical adjustment but a necessary step to support the Federal Reserve's efforts to prevent progressive social change. This book provides a detailed look at how monetary policy serves broader political and social objectives, making it a necessary resource for those studying economic history and the evolution of the Federal Reserve.

Key Features

Examines the history of the Federal Reserve over its first one hundred years of existence.

Analyzes the shift from fixed exchange rates based on a gold-exchange standard to flexible exchange rates.

Provides an alternative perspective to mainstream economic explanations of monetary behavior.

Investigates the relationship between monetary policy and social change in the United States.

Offers a detailed study of how the Federal Reserve gained and maintains its control over the economy.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 March 2016
Listed Since
19 August 2015

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