Inside the Fed – Monetary Policy and its Management, Martin through Greenspan to Bernanke – Revised Edition - Hardcover
Synopsis
Stephen Axilrod is the ultimate Federal Reserve insider. He worked at the Fed's Boardof Governors for more than thirty years and after that in private markets and as a consultant onmonetary policy. With Inside the Fed, he offers his unique perspective on theinner workings of the Federal Reserve System during the last fifty years. This new, post-financialmeltdown edition offers his assessment of the Fed's action (and inaction) during the crisis andexpanded coverage of the Fed in the Bernanke era.
Great leadership in monetarypolicy, Axilrod says, is determined not by pure economic sophistication but by the ability to pushthrough political and social barriers to achieve a paradigm shift in policy -- and by the courageand bureaucratic moxie to pull it off.
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About the Author
Stephen H. Axilrod worked from 1952 to 1986 at the Board of Governors of the Federal Reserve System in Washington, D.C., rising to Staff Director for Monetary and Financial Policy and Staff Director and Secretary of the Federal Open Market Committee, the Fed's main monetary policy arm. Since 1986 he has worked in private markets and as a consultant on monetary policy with foreign monetary authorities. He is the author of The Federal Reserve: What Everyone Needs to Know.
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Inside the Fed : Monetary Policy and Its Management, Martin Through Greenspan to Bernanke
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