Keeping at it the quest for sound money and good government
"As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. His ins...
| Main Authors: | Volcker, Paul A. (Author), Harper, Christine (Author) |
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| Format: | Books Print Book |
| Language: | English |
| Published: |
New York :
PublicAffairs,
2018.
|
| Edition: | First edition. |
| Subjects: |
| Summary: |
"As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. His insight into world-changing events such as the end of the Bretton Woods system, the closing of the 'gold window,' and the financial crisis of 2008 provide enduring lessons about the critical importance of open, disciplined, and efficient government. Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career illuminates the changes that have taken place in American life, government, and the economy since World War II. He vibrantly illustrates the crises he managed alongside the world's leading politicians, central bankers, and financiers. Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volcker's dedication to absolute integrity and his "three verities" of stable prices, sound finance, and good government."--Publisher's description. |
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| Physical Description: |
xvi, 286 pages, 8 unnumbered pages of plates : portraits (some color) ; 25 cm |
| Bibliography: |
Includes bibliographical references (pages 249-273) and index. |
| ISBN: |
9781541788312 1541788311 |
| Author Notes: |
Since leaving the Federal Reserve Mr. Volcker continued his public service: as chairman of the Volcker Alliance; as head of President Obama's Economic Recovery Advisory Board; chair of the investigation of the UN's Oil-for-Food program; and head of the committee formed by Swiss and Jewish organizations to investigate deposit accounts and other assets in Swiss banks of victims of Nazi persecution and to arrange for their disposition. Educated at Princeton, Harvard, and the London School of Economics, Mr. Volcker was a recipient of honorary doctorates from each of his "alma maters," as well as a number of other American and foreign universities. Christine Harper has been a financial reporter and editor for more than two decades. She is the editor of Bloomberg Markets and previously was executive editor responsible for overseeing Bloomberg News 's global coverage of financial companies. |