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Lawrence Jacobs

Fed Power

How Finance Wins

Ebook (EPUB Format)

The Federal Reserve, created nearly a century ago, is the most powerful central bank in the world. The Fed's power, which derives from its ability to alter the money supply and move interest rates, weighs heavily not only on the US economy, but on the world economy as well. Not surprisingly, most scholarship on the Fed has focused on its economic role; however, the Fed's power isn't merely economic but is also political. Since its decisions benefit some economic sectors (and hence interest groups) and not others, it effectively makes political choices when shaping economic policy.Lawrence R. Jacobs and Desmond King's Fed Power is the first su… Mehr

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Produktdetails


Weitere Autoren: King, Desmond
  • ISBN: 978-0-19-938898-1
  • EAN: 9780199388981
  • Produktnummer: 19765948
  • Verlag: Oxford University Press
  • Sprache: Englisch
  • Erscheinungsjahr: 2016
  • Seitenangabe: 240 S.
  • Plattform: EPUB
  • Masse: 678 KB

Über den Autor


Lawrence R. Jacobs is Walter F. and Joan Mondale Chair for Political Studies at the Humphrey School for Public Affairs, the University of Minnesota, and co-author of both Health Care Reform and American Politics (Oxford) and Class War? (Chicago).Desmond King is Andrew W. Mellon Professor of American Government at Oxford University and author of Making Americans (Harvard), as well as co-author of Still a House Divided (Princeton).

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