Understanding Central Banking: The New Era of Activism
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Understanding Central Banking: The New Era of Activism
Book Details
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Author: David Jones
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Publisher: Taylor & Francis Ltd
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Edition: 1
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Binding: Paperback
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Number of Pages: 201
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ISBN: 9780765642516
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Release Date: 18-09-2014
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Languages: English
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Package Dimensions: 9.2 x 7.4 x 0.6 inches
About The Book
This book provides a detailed and accessible history of central banking, starting with England's early central banks and transitioning to a deep dive into the United States Federal Reserve system. With a light and lively writing style, the author breaks down the complex workings of the Federal Reserve, its policies, and its response to major economic events.
Particularly focusing on the actions taken by the Fed during the Great Recession, the book explores how the Fed’s unprecedented interventions helped prevent a full-scale depression. In the final chapter, the author presents a comprehensive scorecard for each of the Fed chairmen over the past 40 years, allowing readers to evaluate their performances through a critical lens.
The Fed: A History of the Federal Reserve System offers a deep understanding of the inner workings of central banking, making it an invaluable read for students and professionals in economics, finance, and history.
