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 Advances in Computer Vision by
Cover of the book Fractional Thermoelasticity by
Cover of the book Chromatin Architecture by
Cover of the book Resonant Tunneling by
Cover of the book Application of Time-Synchronized Measurements in Power System Transmission Networks by
Cover of the book Effects of Magnetoelastic Interactions in Conductive Plates and Shells by
Cover of the book Aviation Risk and Safety Management by
Cover of the book Doubt-Free Uncertainty In Measurement by
Cover of the book Brain Drain and Gender Inequality in Turkey by
Cover of the book Induction Soundings of the Earth's Mantle by
Cover of the book Shifting Corporealities in Contemporary Performance by
Cover of the book How To Write Your First Thesis by
Cover of the book Advances in Quantum Methods and Applications in Chemistry, Physics, and Biology by
Cover of the book Multidisciplinary Management of Chronic Pain by
Cover of the book Social Movements and the Spanish Transition 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