Lessons from the crisis -- Rethinking central banking / Gerald P. O'Driscoll Jr -- Sorting out monetary and fiscal policies / Mickey D. Levy -- Learning the right lessons from the financial crisis / Kevin Dowd and Martin Hutchinson -- The new monetary framework / Jerry L. Jordan -- Liquidity...

"The importance of international considerations in the US Federal Reserve System's deliberations has become more and more important over time as global financial crises and events create ever stronger repercussions in the US economy. This book critically evaluates the role of the Federal Reserve...