Inside the Fed: Monetary Policy and Its Management, Martin through Greenspan to Bernanke, Revised Edition, vol 1

Stephen H. Axilrod

in MIT Press Books from The MIT Press

Abstract: Stephen Axilrod is the ultimate Federal Reserve insider. He worked at the FedÕs Board of Governors for more than thirty years and after that in private markets and as a consultant on monetary policy. With Inside the Fed, he offers his unique perspective on the inner workings of the Federal Reserve System during the last fifty years. This new, post-financial meltdown edition offers his assessment of the FedÕs action (and inaction) during the crisis and expanded coverage of the Fed in the Bernanke era. Great leadership in monetary policy, Axilrod says, is determined not by pure economic sophistication but by the ability to push through political and social barriers to achieve a paradigm shift in policy--and by the courage and bureaucratic moxie to pull it off.

Keywords: economic history; economic policy (search for similar items in EconPapers)
JEL-codes: E6 (search for similar items in EconPapers)
Edition: Revised
ISBN: 0-262-52513-5
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