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A History of the Federal Reserve, Volume 1: 1913 - 1951 by Meltzer, Allan H.
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Item specifics
- Condition
- EAN
- 9780226520001
- UPC
- 9780226520001
- ISBN
- 9780226520001
- MPN
- N/A
- Book Title
- A History of the Federal Reserve, Volume 1: 1913 -
- Item Length
- 22.7 cm
- Publication Year
- 2004
- Type
- Textbook
- Format
- Paperback
- Language
- English
- Publication Name
- A History of the Federal Reserve, Volume 1: 1913-1951
- Item Height
- 227 mm
- Publisher
- T.H.E. University of Chicago Press
- Subject
- Economics, Finance
- Item Weight
- 1062 g
- Item Width
- 152 mm
- Number of Pages
- 808 Pages
About this product
Product Information
Allan H. Meltzer's monumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions. This first volume covers the period from the Federal Reserve's founding in 1913 through the Treasury-Federal Reserve Accord of 1951, which marked the beginning of a larger and greatly changed institution. To understand why the Federal Reserve acted as it did at key points in its history, Meltzer draws on meeting minutes, correspondence, and other internal documents (many made public only during the 1970s) to trace the reasoning behind its policy decisions. He explains, for instance, why the Federal Reserve remained passive throughout most of the economic decline that led to the Great Depression, and how the Board's actions helped to produce the deep recession of 1937 and 1938. He also highlights the impact on the institution of individuals such as Benjamin Strong, governor of the Federal Reserve Bank of New York in the 1920s, who played a key role in the adoption of a more active monetary policy by the Federal Reserve. Meltzer also examines the influence the Federal Reserve has had on international affairs, from attempts to build a new international financial system in the 1920s to the Bretton Woods Agreement of 1944 that established the International Monetary Fund and the World Bank, and the failure of the London Economic Conference of 1933. Written by one of the world's leading economists, this magisterial biography of the Federal Reserve and the people who helped shape it will interest economists, central bankers, historians, political scientists, policymakers, and anyone seeking a deep understanding of the institution that controls America's purse strings. It was 'an unprecedented orgy of extravagance, a mania for speculation, overextended business in nearly all lines and in every section of the country.' An Alan Greenspan rumination about the irrational exuberance of the late 1990s? Try the 1920 annual report of the board of governors of the Federal Reserve. . . . To understand why the Fed acted as it did?at these critical moments and many others?would require years of study, poring over letters, the minutes of meetings and internal Fed documents. Such a task would naturally deter most scholars of economic history but not, thank goodness, Allan Meltzer. ?Wall Street Journal A seminal work that anyone interested in the inner workings of the U. S. central bank should read. A work that scholars will mine for years to come. ?John M. Berry, Washington Post An exceptionally clear story about why, as the ideas that actually informed policy evolved, things sometimes went well and sometimes went badly. . . . One can only hope that we do not have to wait too long for the second installment. ?David Laidler, Journal of Economic Literature A thorough narrative history of a high order. Meltzer's analysis is persuasive and acute. His work will stand for a generation as the benchmark history of the world's most powerful economic institution. It is an impressive, even awe-inspiring achievement. ?Sir Howard Davies, Times Higher Education Supplement
Product Identifiers
Publisher
T.H.E. University of Chicago Press
ISBN-13
9780226520001
eBay Product ID (ePID)
88231852
Product Key Features
Number of Pages
808 Pages
Language
English
Publication Name
A History of the Federal Reserve, Volume 1: 1913-1951
Publication Year
2004
Subject
Economics, Finance
Type
Textbook
Format
Paperback
Dimensions
Item Height
227 mm
Item Weight
1062 g
Item Width
152 mm
Additional Product Features
Country/Region of Manufacture
United States
Item description from the seller
Seller business information
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Seller Feedback (131,960)
- n***w (3)- Feedback left by buyer.Past 6 monthsVerified purchaseItem arrived on time and was packaged well. The item was exactly as advertised and was amazing value compared to other places. The seller was also incredibly speedy at replying to my enquiries. Although it was not the fault of the seller (the packaging used to send the item was more than sufficient), my figure did have a manufacturing defect (the left hand was broken off). Thankfully superglue put it back in place and no one can tell it was broken.Ichibansho Figure Dragon Ball Demon Piccolo Daimaoh(Ex Mystical Adventure) (#375870724809)
- e***e (644)- Feedback left by buyer.Past monthVerified purchaseItem as described, well packaged, great price, unfortunately it took 9 days to arrive from stated dispatch date and seller didn’t respond to my request to investigate why tracking was still showing it as awaiting dispatch for a number of days.
- i***e (55)- Feedback left by buyer.Past 6 monthsVerified purchaseItem came perfectly described with good packaging. Only issue is dispatch time and communication takes a while, thankfully came in time for what it was intended. Price is really good and super informative tutorials inside.Amigurumi: San-X Crochet Patterns: Featuring Rilakkuma, Sentimental Circus and (#375733908023)