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21st Century Monetary Policy : The Federal Reserve from the Great Inflation to COVID-19
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ÃâÆÇ»ç/¹ßÇàÀÏ W. W. Norton & Company / 2023.05.16
ÆäÀÌÁö ¼ö 528 page
ISBN 9781324064879
»óÇ°ÄÚµå 356717279
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In a world where $2.15 trillion is floating in the U.S. economy, readers will be intrigued by the history and predictions Bernanke shares. This impressive and accessible book will appeal to historians and educators as well as those who want to understand America's finances from a historical perspective.--Jennifer Adams "Booklist" This exercise of historical assessment from a central participant is one that more policymakers should probably try. It allows readers to make judgments along with Bernanke and think about what lessons today's policymakers--who are once again battling inflation--might take.--David Leonhardt "The New York Times Book Review" Suffused with high-stakes drama and clear thinking, this is one of the best accounts yet of the Fed's tumultuous recent past.-- "Publishers Weekly" [Bernanke] is ideally equipped to explain the economic forces and ideas behind the policies of central banks, especially the Fed, over the past half-century. The book is characteristically well argued.-- "Financial Times" Bernanke is the most influential thinker and practitioner on central banking of our era. His book, 21st Century Monetary Policy, offers a lucid account of the evolution of central banking and the US central bank from the 'great inflation' of the late 1960s, 1970s and early 1980s to today and into the future.--Martin Wolf "Financial Times" . . . [A] uniquely practical book as the public tries to better understand the powers of the Fed and Congress to juice or slow the economy amid a supply-chain crunch and sky-high demand.--Andrew Ross Sorkin "The New York Times" A clear explication of how money flows from the nation's central banking system into the larger economy.-- "Kirkus"

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