The Fed at One Hundred

A Critical View on the Federal Reserve System

Business & Finance, Economics, Macroeconomics
Cover of the book The Fed at One Hundred by , Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9783319062150
Publisher: Springer International Publishing Publication: July 21, 2014
Imprint: Springer Language: English
Author:
ISBN: 9783319062150
Publisher: Springer International Publishing
Publication: July 21, 2014
Imprint: Springer
Language: English

One hundred years after its foundation, the Federal Reserve has been entrusted with an enormous expansion in its operating powers for the sake of reviving a sluggish economy during the financial crisis. The aim of the present volume is to present a thorough and fundamental analysis of the Fed in the recent past, as well as over the entire course of its history. In evaluating the origin, structure and performance of the Fed, the contributors to this volume critically apply the principles of Austrian monetary and business-cycle theory. It is argued that the Fed has done harm to the U.S. and increasingly, the global economy by committing two types of errors: theoretical errors stemming from an incorrect understanding of the optimal monetary system, and historical errors, found in episodes in which the Fed instigated an economic downturn or hindered a budding recovery. The book contains not only a critical analysis of the activities of the Fed over its history, but also a road map with directions for the future.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

One hundred years after its foundation, the Federal Reserve has been entrusted with an enormous expansion in its operating powers for the sake of reviving a sluggish economy during the financial crisis. The aim of the present volume is to present a thorough and fundamental analysis of the Fed in the recent past, as well as over the entire course of its history. In evaluating the origin, structure and performance of the Fed, the contributors to this volume critically apply the principles of Austrian monetary and business-cycle theory. It is argued that the Fed has done harm to the U.S. and increasingly, the global economy by committing two types of errors: theoretical errors stemming from an incorrect understanding of the optimal monetary system, and historical errors, found in episodes in which the Fed instigated an economic downturn or hindered a budding recovery. The book contains not only a critical analysis of the activities of the Fed over its history, but also a road map with directions for the future.

More books from Springer International Publishing

Cover of the book Safety Assessment of Composite Cylinders for Gas Storage by Statistical Methods by
Cover of the book Eurasia’s Maritime Rise and Global Security by
Cover of the book Hydrogeomorphic Risk Analysis Affecting Chalcolithic Archaeological Sites from Valea Oii (Bahlui) Watershed, Northeastern Romania by
Cover of the book Surgical Critical Care Therapy by
Cover of the book Technology and Inequality by
Cover of the book Cosmetic Breast Cases by
Cover of the book The Digital Arts and Humanities by
Cover of the book Pregnancy and Congenital Heart Disease by
Cover of the book Economic Evaluation of Climate Change Impacts by
Cover of the book Cartilage Restoration by
Cover of the book Economic Crisis, Development and Competitiveness in Southeastern Europe by
Cover of the book Research Methods in the Study of Substance Abuse by
Cover of the book Design Techniques for Mash Continuous-Time Delta-Sigma Modulators by
Cover of the book Current Strategies in Cancer Gene Therapy by
Cover of the book Percolation Theory for Flow in Porous Media by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy