The Fed at One Hundred A Critical View on the Federal Reserve System

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  • Engels
  • Paperback
  • 9783319347141
  • 23 augustus 2016
  • 169 pagina's
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Samenvatting

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.

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.

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Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
23 augustus 2016
Aantal pagina's
169
Illustraties
Nee

Betrokkenen

Hoofdredacteur
David Howden
Tweede Redacteur
Joseph T. Salerno

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Editie
Softcover reprint of the original 1st ed. 2014
Extra groot lettertype
Nee
Product breedte
155 mm
Product lengte
235 mm
Studieboek
Nee
Verpakking breedte
155 mm
Verpakking hoogte
235 mm
Verpakking lengte
235 mm
Verpakkingsgewicht
2876 g

EAN

EAN
9783319347141

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