Inside the Fed: Monetary Policy and Its Management, Martin Through Greenspan to Bernanke (Mit Press)

Axilrod, Former Staff Director for Monetary and Financial Policy and Staff Director and Secretary of the Federal Open Market Committee Stephen H

ISBN 10: 0262525135 / ISBN 13: 9780262525138

Published by MIT Press (edition Revised), 2013

About this Item

It's a well-cared-for item that has seen limited use. The item may show minor signs of wear. All the text is legible, with all pages included. It may have slight markings and/or highlighting.

Seller Inventory # 0262525135-8-1

Bibliographic Details

• Title: Inside the Fed: Monetary Policy and Its Management, Martin Through Greenspan to Bernanke (Mit Press)
• Publisher: MIT Press (edition Revised)
• Publication Date: 2013
• Language: English
• ISBN 10: 0262525135
• ISBN 13: 9780262525138
• Binding: Paperback
• Edition: Revised.
• Condition: Very Good

About this title

Synopsis

An insider's account of the workings of the Federal Reserve, thoroughly updated to encompass the Fed's action (and inaction) during the recent financial meltdown.

Stephen Axilrod is the ultimate Federal Reserve insider. He worked at the Fed's Board of Governors for more than thirty years and after that in private markets and as a consultant on monetary policy. With Inside the Fed, he offers his unique perspective on the inner workings of the Federal Reserve System during the last fifty years. This new, post-financial meltdown edition offers his assessment of the Fed's action (and inaction) during the crisis and expanded coverage of the Fed in the Bernanke era.

Great leadership in monetary policy, Axilrod says, is determined not by pure economic sophistication but by the ability to push through political and social barriers to achieve a paradigm shift in policy--and by the courage and bureaucratic moxie to pull it off.

About the Author

Stephen H. Axilrod worked from 1952 to 1986 at the Board of Governors of the Federal Reserve System in Washington, D.C., rising to Staff Director for Monetary and Financial Policy and Staff Director and Secretary of the Federal Open Market Committee, the Fed's main monetary policy arm. Since 1986 he has worked in private markets and as a consultant on monetary policy with foreign monetary authorities. He is the author of The Federal Reserve: What Everyone Needs to Know.