Intro -- Contents -- Acknowledgments -- Chapter 1: Hitting a Tank with a Stick -- Chapter 2: The Burns Fed: Price Controls, Inflation, and the Watergate Cover-up with a Distinguished Professor at the Helm -- Chapter 3: The Master of Garblements -- Chapter 4: Spinning Mountains into Molehills --...

A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing...

A formal model of the appointment process -- Estimating monetary policy preferences -- Empirically testing the model's predictions -- Appointments to the European Central Bank -- The origins of the Federal Reserve appointment process -- Conclusions

A narrative history by a Fed insider of how monetary policy is shaped in the US, with special emphasis on the performances of former Chairman Ben Bernanke and current Chairwoman Janet Yellen in facing the prelude, outbreak, and aftermath of the 2008 financial crisis

This unique book deals with the most serious macroeconomic failure experienced in the US in the post-war period and the great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the thinking behind the inflationary monetary policy during...

In 2012, Ben Bernanke, chairman of the U.S. Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed...