Let ol' Lehman go : the pivotal weekend of September 12-14, 2008 -- "Periodical financial debauches" : the long-forgotten history of the Fed -- Age of delusion : what Greenspan wrought -- There are Jews in Boston, too : who is Ben Bernanke? -- Pas de deux : the great panic begins in August 2007...

The Monetary Policy of the Federal Reserve 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...