![The Power and Independence of the Federal Reserve - Peter Conti-Brown](https://www.booktopia.com.au/covers/big/9780691178387/0000/the-power-and-independence-of-the-federal-reserve.jpg)
The Power and Independence of the Federal Reserve
Paperback | 2 January 2018
At a Glance
Paperback
RRP $42.99
$38.25
11%OFF
Aims to ship in 5 to 10 business days
When will this arrive by?
Enter delivery postcode to estimate
An in-depth look at the history, leadership, and structure of the Federal Reserve Bank
The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate. Legal scholar and financial historian Peter Conti-Brown provides an in-depth look at the Fed's place in government, its internal governance structure, and its relationships to such individuals and groups as the president, Congress, economists, and bankers.
Exploring how the Fed regulates the global economy and handles its own internal politics, and how the law does-and does not-define the Fed's power, Conti-Brown captures and clarifies the central bank's defining complexities. He examines the foundations of the Federal Reserve Act of 1913, which established a system of central banks, and the ways that subsequent generations have redefined the organization. Challenging the notion that the Fed Chair controls the organization as an all-powerful technocrat, he explains how institutions and individuals-within and outside of government-shape Fed policy. Conti-Brown demonstrates that the evolving mission of the Fed-including systemic risk regulation, wider bank supervision, and as a guardian against inflation and deflation-requires a reevaluation of the very way the nation's central bank is structured.
Investigating how the Fed influences and is influenced by ideologies, personalities, law, and history, The Power and Independence of the Federal Reserve offers a uniquely clear and timely picture of one of the most important institutions in the United States and the world.
Industry Reviews
ISBN: 9780691178387
ISBN-10: 0691178380
Published: 2nd January 2018
Format: Paperback
Language: English
Number of Pages: 376
Audience: Professional and Scholarly
Publisher: Princeton University Press
Country of Publication: US
Dimensions (cm): 23.4 x 15.2 x 2.54
Weight (kg): 0.57
Shipping
Standard Shipping | Express Shipping | |
---|---|---|
Metro postcodes: | $9.99 | $14.95 |
Regional postcodes: | $9.99 | $14.95 |
Rural postcodes: | $9.99 | $14.95 |
How to return your order
At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.
Additional postage charges may be applicable.
Defective items
If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.
For more info please visit our Help Centre.