Bernanke-ism Equals Monetary Lawlessness

Brendan Brown

Chapter 6 in The Global Curse of the Federal Reserve, 2013, pp 139-183 from Palgrave Macmillan

Abstract: Abstract Bernanke-ism transcends the person of top Federal Reserve official Ben Bernanke. The set of monetary principles which Ben Bernanke has laid down, whether as a Princeton professor or central banker, is a partial clue to the meaning of Bernanke-ism but not an open window into its essence. That includes, in addition to a particular intellectual viewpoint or theoretical construct, the whole practice of monetary policymaking and how that fits into the wider political system. Many elements of Bernanke-ism were alive and well before Professor Bernanke entered the Federal Reserve Board in 2002, and many are found in monetary policymaking and monetary frameworks outside the USA. The whole is often more than the sum of the parts and that is the case with Bernanke-ism.

Keywords: Interest Rate; Monetary Policy; Central Bank; Federal Reserve; Austrian School (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-29740-2_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137297402

DOI: 10.1057/9781137297402_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().