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Books > History > History of specific subjects > Economic history
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A Monetary and Fiscal History of the United States, 1961-2021 (Hardcover)
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A Monetary and Fiscal History of the United States, 1961-2021 (Hardcover)
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From the New York Times bestselling author, the fascinating story
of U.S. economic policy from Kennedy to Biden-filled with lessons
for today In this book, Alan Blinder, one of the world's most
influential economists and one of the field's best writers, draws
on his deep firsthand experience to provide an authoritative
account of sixty years of monetary and fiscal policy in the United
States. Spanning twelve presidents, from John F. Kennedy to Joe
Biden, and eight Federal Reserve chairs, from William McChesney
Martin to Jerome Powell, this is an insider's story of
macroeconomic policy that hasn't been told before-one that is a
pleasure to read, and as interesting as it is important. Focusing
on the most significant developments and long-term changes, Blinder
traces the highs and lows of monetary and fiscal policy, which have
by turns cooperated and clashed through many recessions and several
long booms over the past six decades. From the fiscal policy of
Kennedy's New Frontier to Biden's responses to the pandemic, the
book takes readers through the stagflation of the 1970s, the
conquest of inflation under Jimmy Carter and Paul Volcker, the rise
of Reaganomics, and the bubbles of the 2000s before bringing the
story up through recent events-including the financial crisis, the
Great Recession, and monetary policy during COVID-19. A lively and
concise narrative that is sure to become a classic, A Monetary and
Fiscal History of the United States, 1961-2021 is filled with vital
lessons for anyone who wants to better understand where the economy
has been-and where it might be headed.
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