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Bloomsbury Publishing PLC, Date: 2005. Hardcover. Very Good. May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less.Dust jacket quality is not guaranteed. 2005. Bloomsbury Publishing PLC ISBN 1567206247 9781567206241 [US]
Hard Cover. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; The The Fourth Branch: The Federal Reserve's Unlikely Rise to Power and Influence. ISBN 1567206247 9781567206241 [GB]
Hardback. New. Focusing on three periods of economic stress, this book argues that despite convincing evidence that the Fed contributed to these crises, it has consistently emerged more powerful and influential. It tells the story of the Fed as a classic American epic: turning adversity into opportunity, responding to threat by innovating and adapting. ISBN 1567206247 9781567206241 [GB]
ISBN10: 1567206247, ISBN13: 9781567206241, [publisher: Bloomsbury 3PL] Hardcover nach der Bestellung gedruckt Neuware - Printed after ordering - Shrouded in mystery, managed behind closed doors, and the subject of both awe and derision, the Federal Reserve is commonly referred to as the fourth branch of our federal government, with wide-ranging influence over monetary policy, and by extension, banking, price levels, employment rates, and economic growth, income, and wealth. Bernard Shull traces the fascinating and improbable history of this institution from its establishment by an Act of Congress in 1913 to the present day. His careful analysis reveals a paradoxical phenomenon: focusing on three periods of economic stress (the inflation and deflation following World War I, the stock market crash of 1929 and subsequent Depression, and the stagflation and volatility of the 1970s and 1980s), Shull argues that despite convincing evidence that the Fed contributed to these crises, it has consistently emerged from each more powerful and influential than before. Setting the current profile of the Fed against its evolutionary context, The Fourth Branch sheds new light on the Fed's character and its impact on our economic, political, and cultural history.In many ways, the story of the Fed is the classic American epic: turning adversity into opportunity, responding to threat by innovating and adapting. Even today, under attack by liberals and conservatives alike-in the ...
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