Coverart for item
The Resource The power and independence of the Federal Reserve, Peter Conti-Brown

The power and independence of the Federal Reserve, Peter Conti-Brown

Label
The power and independence of the Federal Reserve
Title
The power and independence of the Federal Reserve
Statement of responsibility
Peter Conti-Brown
Creator
Subject
Language
eng
Summary
"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 clear picture of this uniquely important institution"--
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1981-
http://library.link/vocab/creatorName
Conti-Brown, Peter
Dewey number
332.1/10973
Illustrations
illustrations
Index
index present
LC call number
HG2563
LC item number
.C596 2016
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • United States
  • Federal Reserve banks
  • Banks and banking, Central
  • Monetary policy
  • United States
Label
The power and independence of the Federal Reserve, Peter Conti-Brown
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 277-339) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Control code
2015019984
Dimensions
24 cm
Extent
xiv, 347 pages
Isbn
9780691164007
Lccn
2015019984
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations
Label
The power and independence of the Federal Reserve, Peter Conti-Brown
Publication
Bibliography note
Includes bibliographical references (pages 277-339) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Control code
2015019984
Dimensions
24 cm
Extent
xiv, 347 pages
Isbn
9780691164007
Lccn
2015019984
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations

Library Locations

    • Central LibraryBorrow it
      828 I St, Sacramento, CA, 95814, US
      38.581877 -121.495120
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