This book offers a concise analysis of the evolution of monetary policy and banking institutions over the past 60 years. It examines the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations.

Will give you the relevant background information needed to understand the current debate about the US banking system Includes supplementary material: sn.pub/extras

Inhalt
The Federal Reserve and Monetary Policy.- Marriner S. Eccles and Thomas B. McCabe: 19451951.- William McChesney Martin, Jr. 19511970.- Arthur F. Burns and G. William Miller: 19701979.- Paul A. Volcker: 19791987.- Alan Greenspan: 19872006.- Benjamin S. Bernanke 2006.- Overview and Summary of Part 1.- Recovery, Growth, and Adaptation in U.S. Banking.- Introduction: The First Twenty-Five Years.- Resolution: 19712007.- Overview and Summary of Part 2.