The years 1920-1970 saw revolutionary change in the character of the monetary system as a consequence of depression, war, and finally prosperity. The same years saw equally revolutionary change in the character of economic ideas as the rise of statistics, Keynesian economics, and then Walrasian...

Frontmatter -- Contents -- Acknowledgments -- Introduction -- One. Lombard Street, Old and New -- Two. Origins of the Present System -- Three. The Age of Management -- Four. The Art of the Swap -- Five. What Do Dealers Do? -- Six. Learning from the Crisis -- Conclusion -- Notes -- References --...

"This book started out as a biography of the dollar, not of a man. It was intended to be an international version of the story I had told in The New Lombard Street: How the Fed Became the Dealer of Last Resort (2011). That book was a biography of the Fed, as seen through the analytical lens of...