This paper examines a previously overlooked episode in the history of the Federal Reserve involving the relationship between expectations at the outset of WWII regarding the possibility of German victory in Europe and its economic implications for the USA and Western Hemisphere. And this, as...

In this essay, we focus on three district Federal Reserve Bank presidents who took on the role of public intellectual in the 1970s and early 1980s. They reflected their districts’ economic concerns, presenting them and their own views at the Federal Open Market Committee (FOMC) while...