The Myth of Independence
How Congress Governs the Federal Reserve
Seiten
2019
Princeton University Press (Verlag)
978-0-691-19159-1 (ISBN)
Princeton University Press (Verlag)
978-0-691-19159-1 (ISBN)
An in-depth look at how politics and economics shape the relationship between Congress and the Federal ReserveBorn out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence marshals archival sources, interviews, and statistical analyses
An in-depth look at how politics and economics shape the relationship between Congress and the Federal Reserve
Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence marshals archival sources, interviews, and statistical analyses to trace the Fed’s transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress’s role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed’s past, present, and future and challenge the myth of its independence.
An in-depth look at how politics and economics shape the relationship between Congress and the Federal Reserve
Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence marshals archival sources, interviews, and statistical analyses to trace the Fed’s transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress’s role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed’s past, present, and future and challenge the myth of its independence.
Sarah Binder is professor of political science at George Washington University and senior fellow at the Brookings Institution. Her books include Advice and Dissent and Stalemate. Mark Spindel has spent his entire career in investment management at such organizations as Salomon Brothers, the World Bank, and Potomac River Capital, a Washington DC–based hedge fund he started in 2007.
| Erscheinungsdatum | 22.06.2019 |
|---|---|
| Zusatzinfo | 38 b/w illus. 11 tables. 1 map. |
| Verlagsort | New Jersey |
| Sprache | englisch |
| Maße | 156 x 235 mm |
| Gewicht | 8392 g |
| Themenwelt | Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung |
| Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
| Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre | |
| Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft | |
| ISBN-10 | 0-691-19159-X / 069119159X |
| ISBN-13 | 978-0-691-19159-1 / 9780691191591 |
| Zustand | Neuware |
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