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The Fed at One Hundred - A Critical View on the Federal Reserve System (Paperback, Softcover reprint of the original 1st ed. 2014) Loot Price: R3,092
Discovery Miles 30 920
The Fed at One Hundred - A Critical View on the Federal Reserve System (Paperback, Softcover reprint of the original 1st ed....

The Fed at One Hundred - A Critical View on the Federal Reserve System (Paperback, Softcover reprint of the original 1st ed. 2014)

David Howden, Joseph T. Salerno

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Loot Price R3,092 Discovery Miles 30 920 | Repayment Terms: R290 pm x 12*

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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.

General

Imprint: Springer International Publishing AG
Country of origin: Switzerland
Release date: August 2016
First published: 2014
Editors: David Howden • Joseph T. Salerno
Dimensions: 235 x 155 x 10mm (L x W x T)
Format: Paperback
Pages: 169
Edition: Softcover reprint of the original 1st ed. 2014
ISBN-13: 978-3-319-34714-1
Categories: Books > Business & Economics > Economics > Political economy
Books > Social sciences > Politics & government > Central government > Central government policies
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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LSN: 3-319-34714-4
Barcode: 9783319347141

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