Over the last thirty years or so the developments in the area of monetary and macroeconomic policies have been quite substantial. Within the new consensus macroeconomics (NCM), monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of...

Capitalism and the crisis : bankers, bonuses, ideology, and ignorance / Jeffrey Friedman -- An accident waiting to happen : securities regulation and financial deregulation / Amar Bhid -- Monetary policy, credit extension, and housing bubbles : 2008 and 1929 / Steven Gjerstad and Vernon L. Smith...

"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...