Logotipo librería Marcial Pons
The myth of independence

The myth of independence
how Congress governs the Federal Reserve

  • ISBN: 9780691191591
  • Editorial: Princeton University Press
  • Lugar de la edición: New Jersey. Estados Unidos de Norteamérica
  • Encuadernación: Rústica
  • Medidas: 23 cm
  • Nº Pág.: 304
  • Idiomas: Inglés

Papel: Rústica
24,25 €
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Resumen

An in-depth look at how politics and economics shape the relationship between Congress and the Federal Reserve

Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence marshals archival sources, interviews, and statistical analyses to trace the Fed's transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress's role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed's past, present, and future and challenge the myth of its independence.

Resumen

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