The former Federal Reserve Board chairman reveals the financial close call that nearly resulted in an economic disaster after September 11, his efforts to safeguard American interests, and the personal and educational history that informed his choices.

Product Description: En La era de las turbulencias, Alan Greenspan hace recuento de su vida y sus experiencias laborales, reconoce que la guerra de Irak tiene que ver con el petróleo y alude a temas candentes de la economí­a contemporánea, como la burbuja inmobiliaria...read more

Product Description: The Age Of Turbulence is Alan Greenspan’s incomparable reckoning with the contemporary financial world, channeled through his own experiences working in the command room of the global economy longer and with greater effect than any other single living figure...read more

Product Description: One of the most difficult challenges facing central banks is how to conduct monetary policy in an uncertain economic environment. This challenge is magnified when ongoing changes in the structure of the economy make economic models and forecasts less reliable...read more

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. (view table of contents)

Product Description: For some time, the use of monetary and fiscal policies to smooth business cycle fluctuations has taken a back seat to longer-term objectives of restoring price stability and fiscal balance. Many policymakers and academic economists have held the view that fiscal policy had little or no short-run stabilization role and that monetary policy should give priority to maintaining price stability...read more

Product Description: The economies of the industrialized counties are being reshaped by the rapid development and diffusion of advanced information and communications technologies. Access to information is unprecedented, and the ability to process and exchange information has helped businesses increase efficiency and households raise their standards of living...read more

Product Description: Income inequality has become an increasingly important public policy issue in industrialized countries in recent years. Although macroeconomic conditions have been favorable in many of these countries, the distribution of income within and across countries has remained uneven...read more

Product Description: After two decades of successfully restoring price stability in much of the world economy, central banks begin the next millennium facing a new set of challenges. One key task is how to conduct monetary policy in an era of price stability...read more (view table of contents, read Amazon.com's description)

Product Description: The increasingly integrated global economy presents both opportunities and challenges to national and international policymakers. Global economic integration is widely thought to improve the allocation of resources, promote technological transfer, and enhance living standards...read more

Product Description: Central banks throughout the world have come to recognize the importance of price stability to the long-run health and prosperity of their economies. While countries and their central banks are embracing price stability as a primary long-term goal for monetary policy, they are adopting a variety of strategies to achieve it...read more

Product Description: Changes in the structure of financial markets and institutions can have profound implications for the operation and effectiveness of monetary policy. One of the most significant developments in financial markets in recent years is the growing prominence of capital markets...read more (view table of contents, read Amazon.com's description)

Pearls of wisdom from the wildly popular and undeniably successful Federal Reserve Chairman include his thoughts on employment, housing, technology, government regulation, politics, debt, risk, and much more. (view table of contents)