The eurozone crisis started in Greece in 2009-10, spread into Ireland and Portugal, and, from there, quickly spread to the larger economies of Spain and Italy. By the autumn of 2011, it threatened the entire global financial system. In Europe's Crisis, Europe's Future, an international group of...

Greece isn't the only country drowning in debt. The Debt Supercycle-when the easily managed, decades-long growth of debt results in a massive sovereign debt and credit crisis-is affecting developed countries around the world, including the United States. For these countries, there are only two...

The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation...

How has Latin America coped with external shocks and economic vulnerabilities in the aftermath of the global financial crisis? Managing Economic Volatility in Latin America looks at how the region has fared in recent years in an environment of uncertainty. It presents a collection of novel...

Intro -- Contents -- Introduction -- 1 A Family of Substance -- 2 Into the Maelstrom -- 3 Cleaning the Augean Stables of Capitalism -- 4 From President to Private and Back Again -- 5 From Crisis to Crisis -- 6 By Fits and Starts -- 7 Trying to Manage Prosperity -- 8 Gunfight on the New Frontier...

Front Cover -- Praise -- Title Page -- Copyright -- Contents -- About Allan H. Meltzer -- Introduction -- Chapter 1: Making the Rules and Breaking the Mold: Allan Meltzer, 1928-2017 -- Chapter 2: Allan Meltzer and the History of the Federal Reserve -- Chapter 3: Allan Meltzer: How He...

Lawrence Jacobs and Desmond King's Fed Power is the first sustained examination of the Fed as a potent political institution that systematically provides concealed advantages to a privileged few. The authors trace the Fed's historic development from the fiery tug-of-war over monetary policy...

Key Features:The analytical tools provided in this book aid readers in developing a deeper understanding of monetary issuesThis is an ideal book for upper-level undergraduate and graduate students as well as a reference for researchers and professionals in economics and finance.

Americans as a whole view themselves as reasonably prudent and sober people when it comes to matters of money, reflecting the puritan roots of the earliest European settlers. Yet as a community, we also seem to believe that we are entitled to a lifestyle that is well-beyond our current income, a...