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"--
Writing style
Assigning source
Provided by publisher
http://library.link/vocab/ext/novelist/bookUI
10471538
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
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/resourcePreferred
True
http://library.link/vocab/subjectName
  • United States
  • United States
  • Federal Reserve banks
  • Banks and banking, Central
  • Monetary policy
  • BUSINESS & ECONOMICS
  • BUSINESS & ECONOMICS
  • BUSINESS & ECONOMICS
  • BUSINESS & ECONOMICS
  • POLITICAL SCIENCE
  • Banks and banking, Central
  • Economic policy
  • Federal Reserve banks
  • Monetary policy
  • United States
  • United States
Label
The power and independence of the Federal Reserve, Peter Conti-Brown
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 277-339) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
The three foundings of the Federal Reserve -- Leadership and institutional change: from periphery to power -- Central banking by committee: the authority of the Fed's Board of Governors -- The "double government" of the Federal Reserve: the economists and the lawyers -- The vestigial and unconstitutional Federal Reserve Banks -- Practicing monetary policy: the rise and fall of the chaperone -- The once and future Federal Reserve: the Fed's banking functions -- The president and the Federal Reserve: the limits of law and the power of relationships -- Congress and the Fed: the curious case of the Fed's budgetary autonomy -- Club Fed: the communities of the Federal Reserve -- Proposals
Control code
1578648
Dimensions
24 cm
Extent
xiv, 347 pages
Isbn
9780691164007
Lccn
2015019984
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
  • (Sirsi) i9780691164007
  • (OCoLC)908084068
Label
The power and independence of the Federal Reserve, Peter Conti-Brown
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 277-339) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
The three foundings of the Federal Reserve -- Leadership and institutional change: from periphery to power -- Central banking by committee: the authority of the Fed's Board of Governors -- The "double government" of the Federal Reserve: the economists and the lawyers -- The vestigial and unconstitutional Federal Reserve Banks -- Practicing monetary policy: the rise and fall of the chaperone -- The once and future Federal Reserve: the Fed's banking functions -- The president and the Federal Reserve: the limits of law and the power of relationships -- Congress and the Fed: the curious case of the Fed's budgetary autonomy -- Club Fed: the communities of the Federal Reserve -- Proposals
Control code
1578648
Dimensions
24 cm
Extent
xiv, 347 pages
Isbn
9780691164007
Lccn
2015019984
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
  • (Sirsi) i9780691164007
  • (OCoLC)908084068

Library Locations

    • Central LibraryBorrow it
      710 W. Cesar Chavez St, Austin, TX, 78701, US
      30.2713021 -97.7460168
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